Question
India's wholesale price index (WPI)-based inflation in
July came in at_________, significantly higher than (-)4.12 percent reported in June on account of the rising price of food.Solution
India's wholesale price index (WPI)-based inflation in July came in at (-)1.36 per cent, significantly high than (-)4.12 percent reported in June on account of the rising price of food. The inflation in primary articles was considerably higher at 7.57 per cent as compared to July last year. In the fuel and power category, the WPI-based inflation was -12.79 per cent year-on-year (YoY). In the manufactured products category, the YoY change in wholesale inflation was (-) 2.51 per cent.
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