NEW DELHI: Finance Minister Nirmala Sitharaman on Monday downplayed the high petroleum prices fuelling inflation and reiterated that fundamentals of economy are strong and India will continue to attract investment.
“The weight of fuels like petrol, diesel and other fuels in the total CPI-Combined is only 2.52%,” Sitharaman said, adding that the CPI- combined inflation in June 2021 was 6.26%, as against the average CPI-combined inflation of 6.16% during 2020-21.