Wholesale inflation in July falls to multi-year low of 1.08% on cheaper fuel, food items

Wholesale inflation in July falls to multi-year low of 1.08% on cheaper fuel, food items

Wholesale price-based inflation July fell to a multi-year low of 1.08 percent mainly on account of cheaper fuel and food items, government data showed on Wednesday. Inflation based on the Wholesale Price Index (WPI) was at 2.02 percent in June this year and 5.27 percent in July 2018. The government data said inflation in food articles was 6.15 percent in July as against 6.98 percent in the previous month.

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