Whole­sale price in­fla­tion surges to 3.59% in Oct

Mint ST - - FRONT PAGE -

In sync with re­tail price in­fla­tion, In­dia’s whole­sale price in­dex-based in­fla­tion ac­cel­er­ated to a six-month high of 3.59% in Oc­to­ber, from 2.6% a month ago, on the back of ris­ing veg­etable prices.

Veg­etable prices in­creased 36.6% in Oc­to­ber, lead­ing to food in­fla­tion more than dou­bling to 4.3% in the same month. Fuel in­fla­tion also rose by 10.5% in Oc­to­ber from 9% in Septem­ber as in­ter­na­tional crude oil prices hard­ened. How­ever, in­fla­tion for man­u­fac­tur­ing items eased to 2.6% in Oc­to­ber from 2.7% a month ago. See Page 18


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