July 15, 2016 9:07 AM

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Wholesale inflation rises to 1.62 % in June

Rising for the third straight month, wholesale inflation climbed to 1.62 per cent in June this year, from 0.79 per cent in May. Inflation rose on the back of costlier food and manufactured items. Wholesale food inflation rose to 8.18 per cent in June, government data showed . Wholesale inflation in vegetables climbed to 16.91 per cent in June. Inflation in pulses stood at 26.61 per cent, and in potatoes at 64.48 per cent in June. But encouragingly, onion prices actually declined 28.60 per cent during the month. In the manufactured items category, wholesale inflation stood at 1.17 per cent in June.

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