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INDIA: Wholesale Prices Rise 1.84% Y/Y in September, Below Estimates

INDIA
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  • India’s wholesale prices rose 1.84% on year in September (Est: +2.00%), compared with a gain of 1.31% in the previous month, the Statistics Ministry said in a statement. Food prices rose 11.53% y/y while manufactured products were up by 1% y/y.
  • As a reminder, CPI data for September is on the docket this afternoon (13:00BST/18:30IST), where the headline figure is expected to increase from +3.65% Y/Y to +5.10%. 
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  • India’s wholesale prices rose 1.84% on year in September (Est: +2.00%), compared with a gain of 1.31% in the previous month, the Statistics Ministry said in a statement. Food prices rose 11.53% y/y while manufactured products were up by 1% y/y.
  • As a reminder, CPI data for September is on the docket this afternoon (13:00BST/18:30IST), where the headline figure is expected to increase from +3.65% Y/Y to +5.10%.