"Build up inflation rate in the financial year so far was 3.87 per cent compared to a build up rate of 1.50 per cent in the corresponding period of the previous year."
India's annual rate of inflation based on wholesale prices increased to 5.13 per cent in September from a rise of 4.53 per cent in August, official data showed here on Monday.
ADVERTISEMENT
Even, on a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry was higher than 3.14 per cent reported for the corresponding period of 2017.
"The annual rate of inflation, based on monthly WPI, stood at 5.13 per cent (provisional) for the month of September, 2018 (over September, 2017)as compared to 4.53 per cent (provisional) for the previous month and 3.14 per cent during the corresponding month of the previous year," the Ministry said in its September review of wholesale price in India.
"Build up inflation rate in the financial year so far was 3.87 per cent compared to a build up rate of 1.50 per cent in the corresponding period of the previous year."
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
