Vegetable prices increased 36.6% in October, leading to food inflation more than doubling to 4.3% in the same month. Photo: MintNew Delhi: In sync with retail inflation, India’s wholesale inflation accelerated to a six-month high of 3.59% in October, from 2.6% a month ago, on the back of rising vegetable prices. Vegetable prices increased 36.6% in October, leading to food inflation more than doubling to 4.3% in the same month. Fuel inflation also rose by 10.5% in October from 9% in September as international crude oil prices hardened. “Inflation rising from last month’s levels largely on account of food especially vegetables and protein products.

Source: Mint November 14, 2017 07:08 UTC