WPI jumps to 5.77% in June

India’s wholesale inflation grew 5.77% in June, a four-and-half year high, driven by some food items and fuel prices. Wholesale inflation rate, measured by Wholesale Price Index (WPI), is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices. The data for the month of April has been revised to 3.62% from 3.18%.

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