India's wholesale price inflation accelerated more than expected in October, data from the Ministry of Commerce and Industry revealed on Monday.
Wholesale price inflation advanced to 12.54 percent in October from 10.66 percent in September. The rate was forecast to rise to 10.9 percent.
The increase in annual inflation was driven by the 37.18 percent rise in fuel and power prices and 12.04 percent increase in manufactured products prices.
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