July WPI at 2-year low

The Indian government released the wholesale price index (WPI) data for July on August 14. The July WPI came at a two-year low of -0.58%. In June, the wholesale inflation came in at a 20-month low of -0.13%. The WPI fell to a 14-month of low of 0.39% in May.

July WPI inflation at -0.58% Vs. -0.13% (MoM)

Food inflation at -2.15% Vs -0.26% (MoM)

Fuel & power inflation at -2.43% Vs -2.65% (MoM)

Cereals inflation at 1.43% vs 1.44% (MoM)

July core inflation rate at 1.1% vs 1% in June

All commodities index up 0.39%