India's annual wholesale price inflation rose to 11.39% in August from the previous month's 11.16%, mainly due to increases in the cost of fuel and manufactured items, government data showed on Tuesday.
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Fuel and power prices rose 26.09% in August year-on-year compared with 26.02% in July, while manufactured product prices rose 11.39% compared with 11.20% in the previous month.
However, wholesale prices of food rose at a slower pace of 3.43% in August on-year compared to 4.46% in the previous month.
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.
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.
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