WPI inflation eases for second straight month to 11.16% in J

WPI inflation eases for second straight month to 11.16% in July

The wholesale price-based inflation softened for the second straight month to 11.16 per cent in July, on cheaper food items, even though prices of manufactured goods and crude oil hardened. However, WPI inflation remained in double digit for the fourth consecutive month in July, mainly due to a low base of last year. WPI inflation was (-) 0.25 per cent, in July 2020.

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