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April WPI inflation at 3.85 percent
May 12, 2017 / 11:44 AM / 7 months ago

April WPI inflation at 3.85 percent

NEW DELHI (Reuters) - India’s wholesale prices rose 3.85 percent year-on-year in April, government data showed on Friday.

Labourers load sacks filled with coconuts on a hand cart at a wholesale market in Ahmedabad, India, March 14, 2017. REUTERS/Amit Dave/Files

The data compares with a 4.79 percent annual rise forecast by economists in a Reuters poll.

India released on Friday a new series of wholesale inflation and industrial output data, revising the base year to 2011/12 from 2004/05.

Reporting by Rajesh Kumar Singh and Manoj Kumar; Editing by Malini Menon

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