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India's wholesale prices rise 2.17 percent in May

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's wholesale prices rose 2.17 percent year-on-year in May, government data showed on Wednesday.

The rise compares with a 3.11 percent annual gain forecast by economists in a Reuters poll. In April, prices rose a provisional 3.85 percent.

Wholesale food inflation was 0.15 percent in May, lower than 2.90 percent a month ago, the data showed.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: Jun 14 2017 | 12:13 PM IST

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