India's WPI rose in June, due to increased prices of food, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc.
Excise teams in India have been conducting "test purchases" from liquor vendors to tackle overpricing, according to department commissioner Senthil Pandian. The sale of liquor over the printed price has been frequently flagged by consumers across the state. Pandian said the department?s aggressive monitoring has significantly improved the situation and that in cases of severe irregularities, vendors? licences have been revoked.
In July, wholesale prices index-based inflation, which is akin to producer prices, rose lower than a forecast of 14.20% in a Reuters poll of analysts, and compared with 15.18% the previous month.