Wholesale Price Index (WPI) inflation declined to 9.8% in July 2024 from previous month
GK and monthly revision
Wholesale inflation eases to 9.8% on softer energy prices
India's wholesale inflation eased to 9.8% in July due to declining energy prices, while retail inflation rose to 4.5% with food inflation hitting a 19-month high. The divergence between WPI and CPI trends highlights supply-side pressures in food and manufactured goods. Economists predict WPI inflation may fall below 9.5% next month, signaling potential easing of input cost pressures for producers.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Retail inflation (CPI) increased to 4.5% in July 2024
Food inflation reached a 19-month high in July 2024
Easing WPI attributed to falling energy prices
Forecast: WPI inflation may dip below 9.5% in August 2024
How to study
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