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Wholesale Inflation Eases To 2.60% In September

Business

Wholesale Inflation Eases To 2.60% In September


Analysts in a Reuters poll had estimated September WPI to rise by 3.41 percent.

New Delhi: Annual wholesale price inflation eased to 2.60 percent in September from the provisional 3.24 percent in the previous month, dragged down by smaller increases in food prices, data showed on Monday.

This compares with a 3.41 percent increase forecast by economists in a Reuters poll.

Wholesale food prices in September rose 1.99 percent on the year, compared with a 4.41 percent rise a month earlier, the data showed.

 

© Thomson Reuters 2017

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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