New Delhi, Aug 14 (IANS) Lower prices of key transportation fuels along with food articles eased India’s annual rate of inflation based on wholesale prices to 1.08 per cent in July from 2.02 per cent in June.
Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.
The government data said inflation in food articles was 6.15 per cent in July as against 6.98 per cent in the previous month.
Similarly, wholesale inflation in fuel and power segment contracted further to (-) 3.64 per cent as against (-) 2.2 per cent in June.
The retail inflation in July too had eased to 3.15 per cent over the previous month when it was 3.18 per cent.