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India's WPI inflation touches six-month high in October

Reuters  |  NEW DELHI 

(Reuters) - India's annual wholesale price picked up in October to a six-month high, driven by faster rises in prices of food and fuel products, data showed on Tuesday.

India's annual wholesale price last month increased to 3.59 percent from a year earlier from a provisional 2.60 percent in September.

The rise compares with a 3.01 percent increase forecast by economists in a poll.

Wholesale food prices in October rose 3.23 percent year-on-year, compared with a 1.99 percent rise a month earlier, the data showed.

(Reporting by Manoj Kumar; Editing by Malini Menon)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 14 2017. 12:20 IST