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Rediff.com  » Business » Wholesale prices inch up 0.11% y/y in December

Wholesale prices inch up 0.11% y/y in December

By Rajesh Kumar Singh
Last updated on: January 14, 2015 12:44 IST
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India's wholesale price inflation inched up to 0.11 per cent in December, snapping a six-month easing trend as food costs jumped up year-on-year, government data showed on Wednesday.

The data compared with a 0.6 per cent year-on-year gain forecast by economists in a Reuters poll. Wholesale prices unexpectedly didn't advance in November.

The reading for October wholesale price inflation was revised to 1.66 per cent from 1.77 per cent earlier.

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Rajesh Kumar Singh in New Delhi
Source: REUTERS
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