Growth in wholesale prices in India increased to 5.77% in June

One of the main indicators of inflation in India, the wholesale price index, in June, peaked since December 2013 to 5.77% after rising to 4.43% in May, according to official data. Analysts had predicted the growth of the index to 5.23%. Last month, the price index for fuel, electricity and lighting increased by 16.2%, which led to an increase in inflation in the country. Wholesale prices in June compared with May increased by 1.1%. The price of industrial goods grew by 4.17%, food - by 1.8%. Earlier it was reported that the growth rate of consumer prices in India increased in June in annual terms to 5% from 4.87% in the previous month. The growth of the indicator was observed for the third month in a row.

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