July 15, 2024 5:50 PM
Wholesale inflation in India jumps to 3.36% in June
India's wholesale inflation rate surged to 3.36% in June, up from 2.61% in May, according to data released by the Commerce Ministry on Monday. The increase, measured by the Wholesale Price Index (WPI), was primarily driven by rising food and energy prices. The increase is largely due to higher prices in various categories including food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, and other manufacturing sectors. The WPI for all commodities rose from...