WPI inflation falls 0.58% in July, food prices spike: Govt data

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

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.

"The annual rate of inflation, based on monthly WPI (Wholesale Price Index), stood at (- 0.58 per cent) (provisional) for the month of July, 2020 as compared to 1.17 per cent during the corresponding month of the previous year," the commerce and industry ministry said in a statement.

Inflation in food articles during July stood at 4.08