scorecardresearchJune WPI inflation stays above 15% in June; What this means for your EMIs?

June WPI inflation stays above 15% in June; What this means for your EMIs?

Updated: 14 Jul 2022, 01:57 PM IST
TL;DR.
Economists say inflation, driven by higher global crude oil and domestic prices, has shown little sign of cooling, despite a rise of 90 basis points in the benchmark rate of the Reserve Bank of India (RBI) over the last two months and export curbs.
A vendor puts tomatoes in a single use plastic cover at a wholesale vegetable market in Hyderabad, India, Thursday, June 30, 2022. India banned some single-use or disposable plastic products Friday as a part of a longer federal plan to phase out the ubiquitous material in the nation of nearly 1.4 billion people. (AP Photo/Mahesh Kumar A.)

A vendor puts tomatoes in a single use plastic cover at a wholesale vegetable market in Hyderabad, India, Thursday, June 30, 2022. India banned some single-use or disposable plastic products Friday as a part of a longer federal plan to phase out the ubiquitous material in the nation of nearly 1.4 billion people. (AP Photo/Mahesh Kumar A.)