Explained: Clues India’s 3 inflation indices offer on consumption, profits, dependence on China
India's June inflation data revealed increases in the Consumer Price Index (CPI), Wholesale Price Index (WPI), and Producer Price Index (PPI), driven by rising food prices and fuel costs. CPI inflation rose to 4.38%, WPI to 9.87%, and PPI to 9.57%, reflecting the impact of weak rains and geopolitical tensions. Despite these increases, core inflation remained subdued, indicating a complex economic landscape that may affect consumption and profits.