June WPI inflation softens, but elevated food prices may keep RBI cautious on rate cuts
Published on Monday, July 16, 2012 | Updated on Friday, June 17, 2016
June WPI inflation softens, but elevated food prices may keep RBI cautious on rate cuts
Summary
India’s wholesale price inflation softened in June to 7.25% y/y from 7.55% in May as a let up in fuel and non food articles offset elevated food inflation.
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Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist