New Delhi: India’s wholesale price index rose 12.14% in the 12 months to 13 September, unchanged from the previous week’s annual rise, government data showed on Thursday.
The rate was below a median forecast of 12.23% in a Reuters poll of analysts.
Inflation for the week ended 19 July was revised up to 12.54% from 11.98%.
The annual inflation rate was 3.51% during the corresponding week of the previous year.
The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is published weekly.