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Core wholesale inflation eases to around 2.4 percent: analysts

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Reuters MUMBAI
Last Updated : Jun 14 2013 | 12:25 PM IST

MUMBAI (Reuters) - India's core wholesale price index in May was estimated to have risen around 2.4 percent from a year earlier, easing from an annual 2.77 percent rise in April, according to a Reuters snap survey of four analysts and traders on Friday.

Data earlier showed the broader wholesale price index rose 4.70 percent last month, easing from a 4.89 percent rise in April and below market expectations of a 4.87 percent rise.

(Reporting by Mumbai treasury team; Editing by Jijo Jacob)

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First Published: Jun 14 2013 | 12:10 PM IST

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