India Business News: Wholesale price-based inflation remained negative for the fourth straight month in July 2021 at -1.36%, mainly due to the decline in fuel prices. Whil
India s wholesale inflation contracted 1.36 per cent in the month of July after contracting 4.12 per cent in June. Food index inflation surged to 7.75 per cent on an annual basis after contracting 1.24 per cent in June.
July WPI inflation: The decline in the rate of inflation, the govt said, can be attributed to the fall in prices of mineral oils, basic metals, chemical & chemical products, textiles and food products.