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Wholesale inflation eases to 9.8% on softer energy prices

In July, India's wholesale inflation decreased marginally to 9.8 percent, aided by falling energy prices which alleviated the pressures from increasing primary and manufactured goods costs. Conversely, retail inflation rose slightly to 4.5 percent, with food inflation peaking at a nineteen-month high, primarily due to hikes in prices of manufactured and primary food items. Predictions suggest…

Wholesale inflation eases to 9.8% on softer energy prices

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

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