Thursday 14 August 2014

July inflation at 5.19%, May nos revised higher

The July wholesale price inflation (WPI) came in at 5.19 percent, marginally higher 
However, month-on-month food article inflation fell to 7.4o percent versus 8.14 percent while manufactured inflation inched up to 3.67 percent against 3.61 percent in previous month.
The 2013 July wholesale price inflation stood higher at 5.85 percent.  Alongside, the government has revised May inflation numbers higher at 6.18 percent, marking it the third revision of prices in recent months. However, food article inflation fell to 7.4o percent versus 8.14 percent and fuel group inflation showed a decline to while manufactured inflation inched up to 3.67 percent against 3.61 percent in previous month.

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