{"id":72815,"date":"2024-06-14T08:46:06","date_gmt":"2024-06-14T08:46:06","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/14\/wholesale-price-inflation-rises-to-2-61-in-may-says-govt-data-times-of-india\/"},"modified":"2024-06-14T08:46:06","modified_gmt":"2024-06-14T08:46:06","slug":"wholesale-price-inflation-rises-to-2-61-in-may-says-govt-data-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/14\/wholesale-price-inflation-rises-to-2-61-in-may-says-govt-data-times-of-india\/","title":{"rendered":"Wholesale price inflation rises to 2.61% in May, says Govt data &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"225\" src=\"https:\/\/i0.wp.com\/static.toiimg.com\/thumb\/msid-110989999,imgsize-23184,width-400,resizemode-4\/110989999.jpg?fit=400,225&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Wholesale price inflation rises to 2.61% in May, says Govt data &#8211; Times of India\" title=\"Wholesale price inflation rises to 2.61% in May, says Govt data &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<p>NEW DELHI: Wholesale price-based <!-- -->inflation in India<!-- --> surged to 2.61%, primarily fueled by rising <!-- -->food prices<!-- -->, as per government data released on Friday.<br \/>The food sector witnessed 7.4% year-on-year price increase, a notable rise from the 5.52% growth observed in April.<br \/>Vegetable prices, in particular, soared by 32.42% compared to the previous year, surpassing the 27.94% increase reported in the previous month.<br \/>Prices of manufactured products saw a 0.78% year-on-year increase, contrasting with the 0.42% decline in the prior month. Meanwhile, fuel and power prices rose by 1.35%, slightly lower than the 1.38% increase in April.<br \/>Despite the overall inflationary pressures, India&#8217;s retail <!-- -->inflation<!-- --> rate experienced a modest decline in May, settling at 4.75%, partly due to decrease in fuel prices, although prices remained at elevated levels, as indicated by government data released on Wednesday.<br \/><span class=\"em \">(With inputs from agencies)<\/span><\/p>\n<\/div>\n<p><script>!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = 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<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Wholesale price-based inflation in India surged to 2.61%, primarily fueled by rising food prices, as per government data released on Friday.The food sector witnessed 7.4% year-on-year price increase, a notable rise from the 5.52% growth observed in April.Vegetable prices, in particular, soared by 32.42% compared to the previous year, surpassing the 27.94% increase 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