Wholesale Inflation Eases To 2.02% in June

INSUBCONTINENT EXCLUSIVE:
Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June, helped by decline in
inflation was at 2.45 per cent in May
Inflation in potato was (-) 24.27 per cent, against (-) 23.36 per cent in May
substantially to (-)2.20 per cent, from 0.98 per cent last month
inflation for monetary policy decision, on June 6, lowered its benchmark lending rate to nearly a nine-year low of 5.75 per cent, even as it
upped its inflation projection to 3-3.1 per cent for the first half of 2019-20
Flagging uncertain monsoon, unseasonal spike in vegetable prices, crude oil prices, financial market volatility and fiscal scenario as risks
to inflation, the RBI projected upward bias in food inflation in near term.Get Breaking news, live coverage, and Latest News from India and
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