Cheaper fuel cost eases India”s June WPI to 2.02%


Cheaper fuel cost eases India”s June WPI to 2.02%

Lower prices of key transportation fuels along with manufactured items eased India”s annual rate of inflation based on wholesale prices to 2.02 per cent in June from 2.45 per cent in May, official data showed on Monday.

Similarly, on a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the Ministry of Commerce and Industry showed a decelerating trend as inflation had risen to 5.68 per cent during the corresponding period of 2018.

“The annual rate of inflation, based on monthly WPI, stood at 2.02 per cent (provisional) for the month of June, 2019 (over June, 2018) as compared to 2.45 per cent (provisional)  Read More

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