India's wholesale inflation in August accelerates to 3.24%

IANS
Thursday, 14 September 2017

A massive jump in food prices pushed up India's wholesale price-indexed (WPI) inflation in August at 3.24 per cent to nearly double that of July, official data showed on Thursday.

NEW DELHI: A massive jump in food prices pushed up India's wholesale price-indexed (WPI) inflation in August at 3.24 per cent to nearly double that of July, official data showed on Thursday.

According to data released by the Commerce Ministry, the annual rate of WPI inflation in July was at 1.88 per cent, while it was at 1.09 per cent during August 2016.

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