'Inflation not homegrown, caused by several global factors': HUL CEO Sanjiv Mehta speaks on impact on businesses
The wholesale price-based inflation had eased to 11-month low of 12.41 per cent in August, on softening in prices of manufactured and fuel products, even as food items remained expensive.
The inflation was 13.93 per cent in July and 11.64 per cent in August last year. It had touched a record high of 15.88 per cent in May this year. (Photo credit: https://www.hul.co.in/)