Wholesale Inflation Stays In Negative In July Even As Food Prices Rise

The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-) 4.12% in June. In July last year it was 14.07%.

The wholesale price-based inflation remained in the negative territory for the fourth straight month in July at (-) 1.36 per cent on easing prices of fuel, even though food articles turned costlier.

The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)4.12 per cent in June. In July last year it was 14.07 per cent.

Inflation in food articles skyrocketed 14.25 per cent in July against 1.32 per cent in June.