September 14, 2017 / 9:59 AM / in a month

WPI inflation hits four-month high in August

A vendor works at his stall as he waits for customers at a wholesale fruit and vegetable market in Mumbai, India, August 14, 2017. REUTERS/Danish Siddiqui/Files

NEW DELHI (Reuters) - India’s wholesale price inflation rose to 3.24 percent from a year ago, its fastest pace in four months, driven by higher prices of food and fuel products, data showed.

The rise compares with a 3.0 percent increase forecast by economists in a Reuters poll and a provisional 1.88 percent rise in July.

Wholesale food prices in August rose 4.41 percent on year, compared with a 2.12 percent rise a month earlier, government data showed on Thursday.

Reporting by Manoj Kumar; Editing by Malini Menon

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below