Inflation soars to 7 month high, hits 6.46 percent - NewsX

NewsX 2019-03-01

Views 1

India's wholesale price inflation accelerated to a seven-month high in September pressured by high food and fuel prices, increasing the chance that the central bank may raise interest rates later this month despite weakening economic growth.

The wholesale price index, the country's main inflation gauge, rose 6.46% from a year earlier, compared with August's 6.10% increase, according to data released Monday by the Ministry of Commerce and Industry.



For More information on this news visit: http://www.newsx.com/
Connect with us on Social platform at: http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel: http://www.youtube.com/newsxlive

Share This Video


Download

  
Report form