Wholesale inflation touches eight-month high of 3.93% in November | business news | Hindustan Times
  • Friday, Jun 22, 2018
  •   °C  
Today in New Delhi, India
Jun 22, 2018-Friday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

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.

business Updated: Dec 14, 2017 12:30 IST
Agencies
Agencies
Indo Asian News Service, New Delhi
The rise compares with a 3.78% increase forecast by economists in a Reuters poll.
The rise compares with a 3.78% increase forecast by economists in a Reuters poll.(AFP File Photo)

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.