India's wholesale inflation quickened to 9.87% in June from 9.68% in May, exceeding economists' expectations of a 9.15% year-on-year rise, according to official data released by the commerce and industry ministry on Tuesday.
The June print was above economists' expectations of a 9.15% year-on-year increase, according to a Reuters poll.
The increase was driven primarily by higher prices of food articles, mineral oils (containing petroleum products), manufacture of basic metals, and manufacture of chemicals and chemical products, the ministry said.
