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India's wholesale prices rise 3.57 percent in September
October 14, 2016 / 6:51 AM / a year ago

India's wholesale prices rise 3.57 percent in September

NEW DELHI (Reuters) - India’s wholesale prices rose at a slower-than-expected pace in September, gaining 3.57 percent from a year earlier, government data showed on Friday.

A farmer rests on a heap of harvested rice crop at a wholesale grain market in Chandigarh, India, October 4, 2016. REUTERS/Ajay Verma

The data compared with a 3.89 percent annual rise forecast by economists in a Reuters poll. In August, prices rose a provisional 3.74 percent.

Wholesale food prices last month rose 5.75 percent year-on-year, compared with a provisional 8.23 percent gain in August.

Reporting by Rajesh Kumar Singh; Editing by Malini Menon

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