Increase in wholesale inflation rate in July due to increase in vegetable prices, know how much inflation happened in July?

Wholesale Price Index: In July, the rate of wholesale inflation has decreased by 1.36% on annual basis. Due to this, last month i.e. June 2023, wholesale inflation rate decreased by 4.12%. If seen in this way, despite being in the minus, it has seen an increase compared to the previous month.

What did the Ministry of Commerce say?

The Ministry of Commerce said in a press release that July 2023 has seen a reduction in the inflation rate. The main reason for this has been seen to be the fall in the prices of mineral oil, base metals, chemicals and chemical products, textiles and food items.

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