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This article is more than 1 year old.

India wholesale prices contract for third month in June by 1.81% year-on-year

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The annual wholesale price index fell in June, mainly because of a fall in fuel prices, from a year earlier, compared to 2.40 percent fall predicted by analysts in a Reuters poll.

India wholesale prices contract for third month in June by 1.81% year-on-year
India's wholesale price gauge contracted for a third month in June, data released by the Ministry of Commerce and Industry showed on Tuesday, with prices falling 1.81 percent from a year earlier.
The annual wholesale price index fell in June, mainly because of a fall in fuel prices, from a year earlier, compared to 2.40 percent fall predicted by analysts in a Reuters poll.
The annual retail inflation, the main gauge for the central bank to monitor prices, however, rose to 6.09 percent in June, data released on Monday showed.
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