Latest consumer prices :India ranks high.

India's latest wholesale price inflation (WPI)  might have eased a bit in June, but high prices at the consumer level are still a cause for worry. Today's chart of the day shows that when compared to other countries, consumer prices in India are still the highest. Further, with monsoons playing truant in the year so far, the possibility of prices staying firm cannot be ruled out. This is in sharp contrast to China where lower inflation has given the government more headroom to cut interest rates in an effort to spur growth.