business-india-news

Inflation soars to 6.46 percent on high food prices

New Delhi, Oct 14 : India's wholesale price based inflation jumped to 6.46 percent in September, government data showed Monday.


India's wholesale price based inflation rose to 6.46 percent last month. The sharpest rise in the last seven months was driven by more than 18.40 percent jump in food prices.

According to data furnished by the ministry of commerce and industry, the headline inflation, measured in terms of the Wholesale Price Index (WPI), accelerated to 6.10 percent in August as against 5.85 percent in July 2013.

The headline inflation was recorded at 8.07 percent during September 2012.

The food inflation for the month under review rose to 18.40 percent from 8.06 percent in the corresponding month of previous year.

--IANS (Posted on 14-10-2013)

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