Current Affairs Economy & Banking

WPI Inflation At 4.5-Year High, Grows 5.77% In June

Category : Economy & Banking

 According to the data of the commerce and industry ministry, India's wholesale inflation grew 5.77% in June, a four-and-half-year high, driven by some food items and fuel price. A higher inflation in the month of June can also be attributed to an unfavourable base effect. WPI witnessed a growth of 4.43% in May and 0.90% in June 2017. 
Source- The Moneycontrol


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