India’s food price index rose 12.92 per cent in the year to June 19, while the fuel price index climbed 12.90 percent, government data released on Thursday showed.
The pace of increase in food prices slowed from the previous week’s annual rise of 16.90 percent, while fuel price inflation eased from last week’s annual rise of 13.18 per cent. The primary articles index was up at 14.75 per cent.
Wholesale price index, the most closely watched inflation gauge in India, rose 10.16 per cent in May from a year earlier.