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Wholesale prices inch up 0.11% y/y in December

Last updated on: January 14, 2015 12:44 IST

India's wholesale price inflation inched up to 0.11 per cent in December, snapping a six-month easing trend as food costs jumped up year-on-year, government data showed on Wednesday.

The data compared with a 0.6 per cent year-on-year gain forecast by economists in a Reuters poll. Wholesale prices unexpectedly didn't advance in November.

The reading for October wholesale price inflation was revised to 1.66 per cent from 1.77 per cent earlier.

Rajesh Kumar Singh in New Delhi
Source: REUTERS
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