NEW DELHI (Reuters) - India’s wholesale prices rose 2.17 percent year-on-year in May, government data showed on Wednesday.
The rise compares with a 3.11 percent annual gain forecast by economists in a Reuters poll. In April, prices rose a provisional 3.85 percent.
Wholesale food inflation was 0.15 percent in May, lower than 2.90 percent a month ago, the data showed.
Reporting by Rajesh Kumar Singh; Editing by Malini Menon