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July WPI inflation eases to five-month low of 5.19 pct

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's wholesale price inflation in July eased to a five-month low of 5.19 percent, helped mainly by a moderation in fuel costs, government data showed on Thursday.

The rise in the wholesale price index (WPI) compared with a 5.10 percent year-on-year jump forecast by economists in a Reuters poll. In June, wholesale prices rose 5.43 percent year-on-year, their slowest pace in four months.

The reading for May WPI inflation was revised to 6.18 percent from 6.01 percent earlier.

(Reporting by Rajesh Kumar Singh; Editing by Simon Cameron-Moore)

 

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First Published: Aug 14 2014 | 12:20 PM IST

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