Inflation falls to 7.25% as of June; food inflation is still on the rise

Jul 16 ,2012 18:12 PM

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Inflation falls to 7.25% as of June; food inflation is still on the rise

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)

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