India Wholesale Prices Rise In August

Trading 14 sept 2020 Donner votre avis

India's wholesale prices grew in August, after declining in the previous month, data from the Ministry of Commerce & Industry showed on Monday.

The wholesale price index rose 0.16 percent year-on-year in August, after a 0.58 percent decrease in July. Economists had expected a 0.27 percent fall.

The primary articles price index rose 1.60 percent annually in August, after a 0.63 percent increase in the previous month.

Food price inflation slowed to 4.07 percent in August from 4.32 percent.

Fuel and power prices decreased 9.68 percent in July, following a 9.84 percent fall in the prior month.

Prices of manufactured products grew 1.27 percent in August, after a 0.51 percent gain in the previous month.

The final wholesale prices declined 1.81 percent in June.

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