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India’s Wholesale Inflation Eases To 15.18% In June

Inflation, as measured by the Wholesale Price Index, stood at 15.18% in June against 15.88% in May.

<div class="paragraphs"><p>FILE PHOTO: A labourer pulls a handcart loaded with sacks of lentils at a grain market in Ahmedabad</p></div>
FILE PHOTO: A labourer pulls a handcart loaded with sacks of lentils at a grain market in Ahmedabad

India’s wholesale inflation eased, led by a decline across commodities.

Inflation, as measured by the Wholesale Price Index, stood at 15.18% in June against 15.88% in May, according to data released by the Ministry of Commerce and Industry on Thursday. The gauge was flat month-on-month.

WPI inflation recorded double-digit print for the 15th straight month.

WPI Inflation Internals (Year-On-Year)

  • Inflation in manufactured products—the largest component of the index—stood at 9.19% compared with 10.11% in May.

  • Primary articles inflation stood at 19.22% compared with 19.71% in the previous month.

  • Inflation in food articles was at 14.39% against 12.34% in the previous month.

  • Vegetables inflation stood at 56.75% compared with 56.36% in May.

  • Inflation in non-food articles was at 18.8% against 24.14% in May.

  • Fuel and power inflation stood at 40.38% against 40.62% in December.