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India's wholesale prices rise 3.39 pct year-on-year in October

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's wholesale prices rose at a slower-than-expected pace in October, gaining 3.39 percent from a year earlier, government data showed on Tuesday.

The data compared with a 3.75 percent annual rise forecast by economists in a Reuters poll. In September, prices rose a provisional 3.57 percent.

Last month, wholesale food prices rose 4.34 percent year-on-year, compared with a provisional 5.75 percent gain in September.

(Reporting by Manoj Kumar; Editing by Malini Menon)

 

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First Published: Nov 15 2016 | 12:24 PM IST

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