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India's wholesale inflation rises to 1.62%

Annual inflation for potatoes, was as much as 64.48 percent, while for pulses it was 26.61 percent

Policy Pulse
Publish Date: Jul 14 2016 1:55PM | Updated Date: Jul 14 2016 1:55PM

India's wholesale inflation rises to 1.62%

 Prices of food articles increased India's annual wholesale price index to 1.62 percent for June from 0.79 per cent for the month before. 

 
This kept the inflation level in the positive domain for the third month after 17 months in the negative.
 
Annual inflation for potatoes, as per data on official wholesale price index (WPI) released by the Commerce and Industry Ministry, was as much as 64.48 per cent, while for pulses it was 26.61 per cent. 
 
Vegetable prices were 16.91 per cent higher.
 
Final wholesale price index for the month of April was also revised to suggest a higher annual inflation rate of 0.79 per cent against 0.34 per cent as reported earlier.