India’s wholesale inflation accelerated further in June, inching closer to the double-digit mark as rising prices of food items, mineral oils, basic metals and chemicals continued to put pressure on the economy. According to government data released on Tuesday, wholesale price inflation, measured by the Wholesale Price Index (WPI), increased to 9.87 per cent in June, up from 9.68 per cent in May. The Wholesale Price Index for all commodities also moved higher to 110.2 in June from 109.9 a month earlier.
