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WPI Inflation Hits 5-year low
Highlights
India\'s wholesale price inflation in August eased to 3.74 per cent, its lowest level in nearly five years, government data showed on Monday.
Mumbai: India's wholesale price inflation in August eased to 3.74 per cent, its lowest level in nearly five years, government data showed on Monday.
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The rise in the wholesale price index (WPI) compared with a 4.50 per cent year-on-year jump forecast by economists. In July, wholesale prices rose 5.19 per cent year-on-year, their slowest pace in five months.The reading for June WPI inflation was revised to 5.66 per cent from 5.43 per cent earlier.
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