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Economy And The Numbers

India's Inflation Slows Unexpectedly In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

India's wholesale price inflation slowed unexpectedly in June, the Ministry of Commerce and Industry said Monday.

The annual inflation rate fell to 7.25 percent from 7.55 percent in May. Economists were expecting the rate to accelerate to 7.61 percent in June.

Food article inflation came in at 10.81 percent, up from 10.74 percent a month ago. Manufactured goods inflation remained at 5 percent. Meanwhile, fuel and power prices rose at a slower pace of 10.27 percent.

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