India : WPI inflation up 3.55 percent in July
Tue Aug 16 2016
Rajesh Sharma (2003 articles)

India : WPI inflation up 3.55 percent in July

NEW DELHI : India’s wholesale prices rose at a faster-than-expected pace in July, gaining 3.55 percent from a year earlier on higher food prices, government data showed on Tuesday.

The data compared with a 2.55 percent annual rise forecast by economists in a Reuters poll. In June, prices rose a provisional 1.62 percent.

Wholesale food prices last month rose 11.82 percent year-on-year, compared with a provisional 8.18 percent gain in June.

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.


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