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News » News » Business » December Wholesale Price Inflation Eases to 3.58 Percent, After Touching Eight-month High
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December Wholesale Price Inflation Eases to 3.58 Percent, After Touching Eight-month High

Edited By: Aditya Nair

Reuters

Last Updated:

Image for representation.  (Reuters)

Image for representation. (Reuters)

Annual wholesale price inflation last month slowed to 3.58 percent from a year earlier, from a provisional 3.93 percent rise in November.

New Delhi: India's annual wholesale price inflation eased in December from an eight-month high touched in November, driven by slower rises in food prices, government data showed on Monday.

Annual wholesale price inflation last month slowed to 3.58 percent from a year earlier, from a provisional 3.93 percent rise in November.

The rise compares with a 4.00 percent increase forecast by economists in a Reuters poll.

Wholesale food prices in December rose 2.91 percent year-on-year, compared with a 4.10 percent rise a month earlier, the data showed.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed - Reuters)
first published:January 15, 2018, 12:35 IST
last updated:January 15, 2018, 12:35 IST