E-Paper
Wholesale inflation touches eight-month high of 3.93% in November
Annual wholesale price inflation last month increased to 3.93% from a year earlier, from a provisional 3.59% rise in October.
Updated on: Dec 14, 2017, 12:30:58 IST
Share via
Copy link
Wholesale food price inflation rose in November to an eight-month high, driven by faster rises in prices of food and fuel products, government data showed on Thursday.
Annual wholesale price inflation last month increased to 3.93% from a year earlier, from a provisional 3.59% rise in October.
The rise compares with a 3.78% increase forecast by economists in a Reuters poll.
Wholesale food prices in November rose 4.10% year-on-year, compared with a 3.23% rise a month earlier, the data showed.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
