Indian Inflation Rate Rises to 6.1% in August


In August, India's headline inflation rate, based on monthly WPI, rose to 6.10 percent from 5.79 percent in July and is the highest in six months. The speed up is mainly due to higher prices for food and energy.

The index for food prices rose by 18 percent due to higher prices of fish-inland (19 percent), rice (20 percent) and fruits and vegetables (13 percent).

Energy costs were up 11 percent due to higher prices of high speed diesel (27 percent), liquefied petroleum gas (8 percent) and oil (3 percent). Manufactured goods prices rose 1.9 percent.

The build up inflation rate in the financial year so far was 3.91 percent compared to a build up rate of 4.35 percent in the corresponding period of the previous year.

Indian Inflation Rate Rises to 6.1% in August


Min. of Commerce and Industry | Nuno Fontes | nuno@tradingeconomics.com
9/16/2013 11:18:39 AM