India's wholesale price index (WPI) rose a lower-than-expected 6.87 per cent in July from a year earlier, mainly driven by higher food prices, government data showed on Tuesday.
A CNBC-TV18 poll had an annual rise of 7.25 per cent. The annual reading for May remained unchanged at 7.55 per cent. June's inflation was provisionally put at 7.25 per cent.
July WPI inflation highlights
- Manufactured Products Inflation At 5.58 per cent vs 5 per cent (MoM)
- Manufactured Products Index (RU)0.6 per cent (MoM)
- Primary Articles Inflation At 10.39 per cent vs 10.46 per cent (MoM)
- Primary Articles Index (RU)1.1 per cent (MoM)
- Fuel Group Inflation At 5.98 per cent Vs 10.27 per cent(MoM)
- Fuel Group Index (GD)1.5 per cent (MoM)
- Food Articles Inflation At 10.06 per cent vs 10.81 per cent (MoM)
- Food Articles Index (RU)1.4 per cent (MoM)
- Non-food Articles Index (RU)2.9 per cent (MoM)
- May WPI Inflation Unchanged At 7.55 per cent (Prov)
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