India: Inflation jumps to eight-month high in October

Wholesale prices increased 7.0% over the same month last year (September: 6.5%), which marks the highest rate in eight months. The annual reading was in line with market expectations of a 7.0% increase. Despite the jump in the annual figure, annual average WPI inflation remained steady at September’s 6.3%. Annual inflation climbed from 9.8% in September to 10.1% in October.

Read more about Indian Inflation.

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