Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 14, 2013

Inflation at 7%, hits eight-month high in October

The wholesale price index's annual rise compared with a 6.90 percent rise estimated by analysts in a Reuters poll. Wholesale prices, India's main inflation measure, had risen 6.46 percent in September.

Inflation at 7%, hits eight-month high in October

India's headline inflation accelerated to an eight-month high of 7.0 percent in October, mainly driven by higher fuel and manufactured goods prices, government data showed on Thursday.

The wholesale price index's annual rise compared with a 6.90 percent rise estimated by analysts in a Reuters poll. Wholesale prices, India's main inflation measure, had risen 6.46 percent in September.

Food prices rose 18.19 percent year-on-year in October, slower than an annual rise of 18.4 percent in September.

The WPI inflation reading for August was revised to 6.99 percent from 6.1 percent.

Copyright: Thomson Reuters 2013

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source