Indian annual inflation at 3.32% on Sept 8


Indian annual inflation at 3.32% on Sept 8


New Delhi: India’s wholesale price index rose 3.32% in the 12 months to Sept. 8, lower than previous week’s 3.52% due to a fall in energy prices, government data showed on 21 Sept.

The rate was slightly higher than a median forecast of 3.27% in a Reuters poll of analysts and is the lowest reading since December 2002.

The annual inflation rate was 5.22% 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.

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