Inflation slips in July

New Delhi, Aug 14:

The wholesale price-based inflation declined 0.58 per cent in July, even as food items turned costlier.

WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively.

Inflation in food articles during July stood at 4.08 per cent, as against 2.04 per cent in June.

However, fuel and power basket inflation fell 9.84 per cent in July, compared to 13.60 per cent in the previous month. July retail inflation was at 6.93 per cent, as against 6.23 per cent in June.

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