WPI rises for fourth consecutive month to 3.36% in June on costlier veggies

Quick Summary:

Wholesale inflation in the country rose for the fourth consecutive month in June at 3.36 per cent on account of rise in prices of food articles, especially vegetables and manufactured items.

"Positive rate of inflation in June, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc," the Ministry of Commerce & Industry said in a statement on Monday.

As per the data, inflation in food articles rose 10.87 per cent in June, as against 9.82 per cent in May.

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Category: BusinessFinance

Markets: India

Topics: Inflation Natural gas Retail inflation data Food articles Banks (NEC) The reserve bank of india Food products Account retail inflation Wholesale price index Retail inflation Price indices

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Article Type: News Report

Published On: 2024-07-15 @ 12:56:27 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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News ID: 21623531

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