New Delhi: Ballooning prices of food articles pushed up India’s annual wholesale price index sharply to 1.62% for June from 0.79% for the month before. This kept the inflation level in the positive domain for the third month after 17 months in the negative.
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The annual inflation for potatoes, as per data on official wholesale price index (WPI) released by the Commerce and Industry Ministry, was as much as 64.48%, while for pulses it was 26.61%. Vegetable prices were 16.91% higher.
Significantly, the final wholesale price index for the month of April was also revised to suggest a higher annual inflation rate of 0.79% against 0.34% as reported earlier.