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245 percent jump in onion prices send India's inflation to 6-month high
date:Sep 17, 2013
India's headline inflation shot to a six-month high in August, driven by a 245 percent annual jump in onion prices, hardening the case for central bank governor Raghuram Rajan to keep interest rates high at his first policy meeting later this week.

Food inflation accelerated to a three-year high of 18.18 percent in August, government data released on Monday showed, driving the benchmark Wholesale Price Index up by a stronger-than-expected 6.1 percent.

Economists had expected a slight pick-up t

12/25 05:42