Wholesale inflation rises for first time in five months
According to government data, Wholesale Price Inflation rose 1.88% in July, the first month of GST rollout, compared with an increase of 0.63% in July 2016, marking its first rise in five months. Moreover, wholesale food prices in July rose 2.12%. Notably, vegetable prices, which witnessed a 21.16% contraction in June, increased by 21.95% in July.