Inflation falls to 7.25% as of June; food inflation is still on the rise
July 16, 2012 18:12
The inflation in June has fallen to 7.25% with the prices of manufactured goods lowering by a few points but the prices of the vegetables, wheat and pulses still continue to rocket toward the sky.
The inflation was 7.55% in May as noted by the Wholesale Price Index (WPI). The same inflation last year was around 9.51%.
However, on the other hand the inflation of food has risen to 10.81% this June from May's 10.74% inflation. This clearly indicates that the condition is a lot worse compared to the stats last year that stand at 7 for food inflation.
(AW- Anil)