NEW DELHI (Reuters) - India's wholesale price inflation eased for a fifth straight month in October to 1.77 percent, its lowest level in more than five years, government data showed on Friday.
The rise in the wholesale price index (WPI) compared with a 2.20 percent year-on-year jump forecast by economists in a Reuters poll. In September, wholesale prices rose 2.38 percent from a year ago.
The reading for August WPI inflation was revised to 3.85 percent from 3.74 percent earlier.
(Reporting by Rajesh Kumar Singh and Manoj Kumar; editing by Malini Menon)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app