WPI inflation rises to 9.87% in June driven by food prices
Wholesale price inflation rose to 9.87% in June from 9.68% in May, driven by higher food and mineral oil prices. Fuel and power inflation was reported at 27.41%, indicating potential market impacts on commodities and consumer goods.
after close1 source ↓written by the desknot a recommendation
- in June
- 9.87%
- in June
- 9.68%
- power stood
- 27.41%
Wholesale price inflation increased to 9.87% in June from 9.68% in May, primarily due to rising prices in food and non-food items. Key drivers included mineral oils, food articles, and basic metals. The inflation rate for fuel and power stood at 27.41%. This spike may impact market sentiment and commodity prices.
Not investment advice. For informational purposes only.