India's wholesale inflation contracts 1.36 pct in July

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India's wholesale inflation contracts 1.36 pct in July

STORY: India's wholesale inflation contracts 1.36 pct in July DATELINE: Aug. 15, 2023 LENGTH: 0:01:15 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market 3. various of food grain 4. various of market STORYLINE: India's wholesale price index (WPI) contracted 1.36 percent in July, according to data released by the Ministry of Commerce and Industry on Monday. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. WPI food inflation in July surged 7.75 percent after contracting 1.24 percent in June. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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