After five-year high in June, wholesale inflation eases to 5.09% in July
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.
PTI New Delhi Last Updated: August 14, 2018 | 16:59 IST
Wholesale inflation eased to 5.09 (rpt) 5.09 per cent in July on account of cheaper food articles, especially fruits and vegetables, government data showed on Tuesday. 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.
The wholesale inflation in food articles category was (-)2.16 per cent in July as against (+) 1.80 per cent in the previous month, the Commere and Industry ministry data showed.
Among others in the basket, vegetable prices fell by 14.07 per cent during the reported month as compared to a growth of 8.12 per cent in June. Likewise, there was an 8.81 per cent fall in wholesale prices of fruits in July as against a rise of 3.87 per cent in the preceding month.
In pulses category, inflation stood at (-) 17.03 per cent as against (-) 20.23 per cent. The retail inflation eased to a nine-month low of 4.17 per cent in July, from 4.9 per cent in June, on account of cheaper food articles, data showed yesterday.