NEW DELHI (Reuters) – India’s wholesale prices in August rose 0.52% year-on-year, reversing a 0.58% decline in the previous month, government data showed on Monday.
Economists polled by Reuters had projected the wholesale price index to rise 0.3% year-on-year in August.
KEY NUMBERS
* Wholesale food prices in August rose 0.21%, compared with a 2.15% year-on-year decline in the prior month.
* Vegetable prices in August declined 14.18%, compared with a slump of 28.96% year-on-year in July.
* Prices of manufactured products rose 2.55% year-on-year, as against an increase of 2.05% recorded in July.
* Fuel and power prices declined 3.17% year-on-year, compared with a 2.43% drop in the month-ago period.
(Reporting by Nikunj Ohri; Editing by Sherry Jacob-Phillips)
