NEW DELHI, Aug. 14 (Xinhua) -- India's wholesale price index (WPI) declined to 2.04 percent in July, showed data released by the federal Ministry of Commerce and Industry on Wednesday.
"The annual rate of inflation based on all India WPI number is 2.04 percent (provisional) for the month of July 2024 (over July 2023)," said a statement issued by the ministry.
"Positive rate of inflation in July 2024 is primarily due to increase in prices of food articles, manufacture of food products, mineral oils, crude petroleum and natural gas, other manufacturing etc.," said the ministry.
WPI inflation rate was 3.36 percent in June and 2.74 percent in May in the South Asian country. ■