Food and fuel prices are increasing on a slow pace
Inflation in February dropped to 4.68 per cent against 5.05 per cent in January
Mumbai: India's wholesale price inflation in June eased to a four-month low of 5.43 percent, helped by slower increases in food and fuel costs, government data showed on Monday. The rise in the wholesale price index (WPI) compared with a 5.80 per cent year-on-year jump forecast by economists in a Reuters poll. In May, wholesale prices rose at their fastest pace in five months to 6.01 per cent.
The reading for April WPI inflation was revised to 5.55 percent from 5.20 percent earlier.
( Source : reuters )
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