July inflation shoots up to 5.79 pc vs 4.86 pc in June
July inflation shoots up to 5.79 pc vs 4.86 pc in June
The reading for May was revised to 4.58 per cent from 4.7 per cent, data released by the Ministry of Commerce and Industry showed.

New Delhi: India's headline inflation accelerated to 5.79 per cent in July, the fastest pace in five months, mainly driven by higher food prices and costlier imports as the rupee fell to a record low, government data showed on Wednesday.

July's reading was higher than the 5 per cent rate estimated by analysts in a Reuters poll.

The wholesale price index -- India's main inflation measure -- rose an annual 4.86 per cent in June.

The reading for May was revised to 4.58 per cent from 4.7 per cent, data released by the Ministry of Commerce and Industry showed.

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