Retail inflation rises to 2.36% in July

Retail inflation rose to 2.36 per cent in July this year, chiefly driven by hardening prices in sugar and confectionery items, pan, tobacco, and intoxicants. Retail inflation, as measured by the consumer price index, had stood at 1.46 per cent in June.

Data released by the Central Statistics Office showed today showed that retail inflation in sugar and confectionery items rose to 8.27 per cent in July, while inflation in pan, tobacco and intoxicants was 6.39 per cent.

Wholesale inflation jumps to 1.88% in July

Wholesale inflation rose to 1.88 per cent in July this year, year-on-year, as the prices of some commodities increased.

Inflation based on the wholesale price index had stood at 0.9 per cent in June this year, and 0.63 per cent in July last year.

Government data released today, showed that wholesale inflation in food items rose to 2.15 per cent in July. In June, food prices had contracted 3.47 per cent. Inflation in vegetables climbed to 21.95 per cent in July.

Indian export grows 4 percent in July

The country's exports grew three point nine percent in July this year, on a yearly basis, to 22(point)5 billion dollars.

Exports rose due to an increase in shipments of petroleum, chemicals and marine products. Official data released today showed that imports rose 15.4 per cent in July, to 34 billion dollars, due to a rise in inward shipments of crude oil and gold.

The country's trade deficit widened to 11.4 billion dollars during the month under review, from 7.8 billion dollars in July last year.

Gold import spurted 95 per cent, to 2.1 billion dollars in July. Oil imports increased 15 per cent in July.