India’s wholesale inflation rose to 1.84% in September from 1.31% in August, driven by a sharp 9.5% jump in food prices. Potato and onion prices surged 78.1% and 78.8%, respectively, marking the highest increase in two years.
Vegetables overall became 49% more expensive. While pulses and fruits inflation eased slightly to 13% and 12.2%, tomato prices soared 74.5%. Meanwhile, fuel and power costs fell over 4%, and manufactured product inflation was low at 1%, slightly slowing overall inflation despite the food price spike. Economists predict further rises in October.