“The annual rate of inflation, based on monthly WPI (Wholesale Price Index), stood at -1.81% (provisional) for the month of June, 2020, as compared to 2.02% during the corresponding month of the previous year,” the Commerce and Industry Ministry said in a statement.
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Unknown title in May. The wholesale price-based inflation declined 1.81% in June due to decline in prices of fuel and power, even as food articles remained expensive. The rate of deflation in May was 3.21%. <span>“The annual rate of inflation, based on monthly WPI (Wholesale Price Index), stood at -1.81% (provisional) for the month of June, 2020, as compared to 2.02% during the corresponding month of the previous year,” the Commerce and Industry Ministry said in a statement. Inflation in food articles during June stood at 2.04%, as against 1.13% in May. In fuel and power basket, deflation stood at 13.60% in June, against 19.83% in the previous month. Manufa Summary
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