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India’s wholesale price inflation eased in June 2021 to how much percent from a record 12.94% in May 2021 amid a decline in food and fuel inflation?

India’s wholesale price inflation eased in June 2021 to how much percent from a record 12.94% in May 2021 amid a decline in food and fuel inflation? Correct Answer 12.07

The correct answer is 12.07%.

  • India’s wholesale price inflation eased in June 2021 to 12.07% from a record 12.94% in May 2021 amid a decline in food and fuel inflation.
  • Data released by the industry department showed food inflation in June decelerated to 3.1% from 4.3% a month ago, while fuel inflation eased to 32.8% from 37.6% a month ago despite the recent increase in prices of petrol, diesel, and cooking gas items.
  • Manufactured products inflation increased to 10.9% from 10.8% in May due to rising price pressure in sectors like textiles, apparel, leather, wood, chemicals, pharmaceuticals, cement, basic metals, and fabricated metal products.

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