Inflation based on the Wholesale Price Index (WPI) in the country stood at 13.93% (provisional) in July. It shows a slight decline in comparison to June 2022. In June, there was a jump of 15.18% percent in the wholesale inflation rate as compared to the previous year.
This rate of wholesale inflation in July was mainly due to relief in prices of mineral oil, food articles, crude petroleum and natural gas, basic metals, energy, chemicals, and allied products. This information was given by the government by releasing the figures on Tuesday.
The wholesale inflation rate was the lowest in July during the last five months
Let us inform you that in May, the wholesale inflation rate had increased to the highest level of the last three decades at 16.63%. In July 2021, this rate stood at 11.57%. Let us tell you that the wholesale inflation rate has remained above 10% for 16 consecutive months. However, the lowest rate of wholesale inflation was recorded in July 2022 during the last five months.
Also Read: Inflation in India: Inflation hit, food prices increase drastically in one year
Twitter co-founder preparing new social media app; What is Jack Dorsey's plan?
If you too are not happy with Elon Musk becoming the owner of Twitter, then you may soon get a ne
The meeting between President Donald Trump and PM Narendra Modi has prepared a blueprint for the
Tiger 3 Message Video Released: Salman Khan is ready to return to the spy universe with the film
OIC asks Taliban to reconsider the ban on women working for NGOs
The Organization of Islamic Cooperation (OIC) has expressed concern over the current development
Target Killing in Kashmir: Terrorists shot Kashmiri Pandit in Shopian, died in hospital
Terrorists have once again carried out target killing in the valley. Militants shot and injured a
On the second day of the second Test match between India and South Africa in Guwahati, Indian cap
After the terrorist attack in Pahalgam on 22 April, India has tightened its grip on Pakistan and
Good Friday 2023: 'Good Friday', one of the main festivals of Christianity, will be celebrated th
Russia-Ukraine War: Ukraine did a drone attack on Russia, blacking out in Bryansk region
The Russia-Ukraine war is about to complete a year, but the war between the two countries is stil
Twitter boss Elon Musk announced his resignation as CEO of the company on Wednesday. He tweeted &
