New Delhi, July 14 -- Cooling prices offered a double dose of relief in June, with both retail and wholesale inflation easing sharply, signalling a broad-based tempering of cost pressures across the economy.
Retail price inflation measured by the Consumer Price Index (CPI) came in at 2.1% in June, its slowest pace since January 2019, while wholesale price index-based inflation fell to a 21-month low in June, at -0.13%, marking the first negative reading since October 2023, according to provisional government data released on Monday.
Consumer Price Index (CPI)-based inflation stood at 2.82% in May, and 5.08% in June last year, data from the ministry of statistics and programme implementation (MoSPI) showed.
The wholesale price ind...
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