Wholesale inflation eases to 5.09 per cent in July
Business | August 14, 2018 12:46 ISTThe wholesale price index (WPI) based inflation was recorded at 5.77 per cent in June. In July 2017, it was at 1.88 per cent.
The wholesale price index (WPI) based inflation was recorded at 5.77 per cent in June. In July 2017, it was at 1.88 per cent.
Wholesale price-indexed (WPI) inflation in India during April rose to four-month high at 3.18 per cent on increasing prices of petrol and diesel as well as fruits and vegetables.
WPI inflation at 2.48 per cent in February is the lowest in seven months. The previous low level was recorded in July at 1.88 per cent.
Wholesale inflation grew to 6-month high of 3.59 per cent in October, as prices of food articles, led by vegetables, soared by 2.2 per cent.
India's wholesale price inflation (WPI) came down to 2.6 per cent in September after touching a four-month high of 3.24 pc in August.
India's WPI inflation in August has risen to 3.24 per cent, nearly double that of July
As per the data released today, inflation in food articles was 1.16 per cent in April, lower than 3.82 per cent in March.
The government also revised upwards the January inflation figure to 5.53 per cent from the provisional estimate of 5.25 per cent.
Country’s annual rate of inflation based on wholesale prices rose to 39-month high of 6.55 per cent in February from 5.25 per cent in the previous month.
Wholesale inflation shot up to 3.55 per cent for July from 1.62 per cent in the previous month, due to an 11.82 per cent jump in prices of food articles.
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