Inflation Eases to 5.19% in July as Five-Month Low

Inflation Eases to 5.19% in July as Five-Month Low

India’s wholesale price index (WPI) based inflation declined to a five-month low of 5.19% in July from 5.43% in the previous month. This ease has come by a moderation in fuel costs.

The government data showed on Thursday states different figures.

The consumer price index (CPI) inflation, on the other hand, rose to 7.96% in July against 7.46% in June.

This reflects the different composition of the CPI-based inflation and the WPI one. While food items constitute over 45% weight in CPI, their weight in WPI is just 14.34%.

The reading for May WPI inflation was revised to 6.18% from 6.01% earlier.


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