Inflation based on the wholesale price index (WPI) was 0.90 per cent in June 2017 and 0.63 per cent in July 2016. However, manufactured products saw a slight fall in inflation at 2.18 per cent in July, compared with 2.27 per cent in June. In fuel and power segment, inflation witnessed a decline at 4.37 per cent in July, over 5.28 per cent in the previous month. Fruits saw inflation at 2.71 per cent, cereals (0.63 per cent) and paddy (3.47 per cent). The final print of May WPI inflation witnessed a little surge at 2.26 per cent, as compared with provisional estimates of 2.17 per cent.

Source: The Telegraph August 14, 2017 09:22 UTC