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WPI inflation touches 8-month high of 3.93 percent in November

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Reuters NEW DELHI
Last Updated : Dec 14 2017 | 12:15 PM IST

NEW DELHI (Reuters) - India's annual wholesale price inflation accelerated in November to an eight-month high, driven by faster rises in prices of food and fuel products, government data showed on Thursday.

Annual wholesale price inflation last month increased to 3.93 percent from a year earlier, from a provisional 3.59 percent rise in October.

The rise compares with a 3.78 percent increase forecast by economists in a Reuters poll.

Wholesale food prices in November rose 4.10 percent year-on-year, compared with a 3.23 percent rise a month earlier, the data showed.

(Reporting by Manoj Kumar; Editing by Malini Menon)

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First Published: Dec 14 2017 | 12:08 PM IST

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