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Last Updated Tuesday May 30 2017 07:04 AM IST

India's wholesale inflation eases a tad to 3.39 percent in October

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India's wholesale inflation eases a tad to 3.39 percent in October

New Delhi: Even as prices of pulses and potatoes ruled high, India's annual rate of inflation based on wholesale prices fell marginally to 3.39 percent for October from 3.57 percent for the month before, official data showed on Tuesday.

As per data on the wholesale price index released by the Commerce and Industry Ministry, the annual inflation rate has climbed to the current level from a decline of (-)3.70 percent in October last year.

Further, the annual inflation rate for potatoes (October on October) stood at a whopping 60.58 percent, while that for pulses stood at 21.8 percent. Similarly, under manufactured products, the food category saw an annual inflation rate of 10.48 percent.

Onion prices, though, were down (-) 65.97 percent.

"The build up inflation rate in the financial year so far (that is, from April to October) was 4.34 percent, compared to a build up rate of 0.45 percent in the corresponding period of the previous year," an official statement said.

(With agency inputs)

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