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June inflation slows to 7.25%: Govt

Source : REUTERS
Last Updated: Mon, Jul 16, 2012 06:45 hrs
Workers prepare to carry a packed basket of vegetables at a wholesale vegetable market in Kolkata

India's wholesale price index (WPI) rose a lower-than-expected 7.25 percent in June from a year earlier, mainly driven by higher food prices, government data showed on Monday.

Analysts on average had expected an annual rise of 7.62 percent, a Reuters poll showed. Wholesale prices provisionally rose 7.55 percent in May.

The annual reading for April was upwardly revised to 7.5 percent from 7.23 percent, the government said in the release.


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