India’s wholesale prices rose at a slower-than-expected pace in September, gaining 3.57 per cent from a year earlier, government data showed on Friday.

The data compared with a 3.89 per cent annual rise forecast by economists in a Reuters poll. In August, prices rose a provisional 3.74 per cent.

Wholesale food prices last month rose 5.75 per cent year-on-year, compared with a provisional 8.23 per cent gain in August.