Indian WPI Inflation Rises to 14-Month High in November


In November, India's headline inflation rate edged up to 7.5 percent, from 7.0 percent a month earlier. Prices rose at its faster pace since September of 2012 mainly due to higher food articles and energy costs.

The index for food prices rose by 20 percent driven by higher prices of vegetables (95 percent), rice (15 percent) and fruits (14 percent).

Energy costs were up 11 percent due to higher prices of high speed diesel (16 percent), liquefied petroleum gas (11 percent) and oil (4 percent). Manufactured goods prices rose 3 percent.

On a monthly basis, prices were up by 0.7 percent. The build up inflation rate in the financial year so far was 6.7 percent compared to a build up rate of 4.8 percent in the corresponding period of the previous year.

Indian WPI Inflation Rises to 14-Month High in November


Ministry of Commerce and Industry | Nuno Fontes | nuno@tradingeconomics.com
12/16/2013 8:48:50 AM