Wholesale inflation rises 4-month high at 3.18% in April

The annual rate of Inflation, based on monthly Wholesale Price Index, stood at 3.18 percent (provisional) for the month of April 2018, as compared to 2.47 percent (provisional) for the previous month.

According to the Commerce Ministry data, the WPI inflation in April 2017 was at 3.85 per cent.

According to Reuters, wholesale food prices in April rose 0.67 per cent year-on-year, compared with a fall of 0.07 per cent a month earlier, data showed.

More details awaited.