Wholesale price inflation accelerates to four-month high in August

India’s wholesale price inflation rose to 3.24% from a year ago, its fastest pace in four months, driven by higher prices of food and fuel products, data showed.

The rise compares with a 3% increase forecast by economists in a Reuters poll and a provisional 1.88 % rise in July.

Wholesale food prices in August rose 4.41% on year, compared with a 2.12% rise a month earlier, government data showed on Thursday.