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

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Reuters NEW DELHI
Last Updated : Nov 14 2017 | 12:42 PM IST

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

India's annual wholesale price inflation 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 Reuters 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)

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First Published: Nov 14 2017 | 12:20 PM IST

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