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.
by RTT Staff Writer
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