The annual rate of inflation based on monthly wholesale price index (WPI) hit a high of 12.94 per cent in May as compared to negative 3.37 per cent in the same month of previous year, data released by the government on Monday showed.
The annual rate of inflation based on monthly wholesale price index (WPI) stood at minus 3.21 per cent for May as compared to 2.79 per cent during the corresponding month of the previous year, data released by the government on Monday showed.
Inflation based on wholesale prices eased to a four-month low of 4.53 per cent in August on softening of prices of food articles, especially vegetables.
India’s wholesale inflation grew 5.77 percent in June, marking a four-and-half year high.
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