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Wholesale inflation eases to 9.8% in July

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


Wholesale inflation eases to 9.8% in July
This is the third consecutive month when wholesale inflation has remained over 9%

NEW DELHI: Driven by softer energy prices, wholesale price index (WPI) based factory gate inflation moderated to 9.8% in July from a 27-month high of 9.9% in June, official data showed. In comparison, WPI stood at -0.8% in July last year.This is the third consecutive month when wholesale inflation has remained over 9%, as manufactured products and primary articles saw price acceleration. Deceleration in crude (27%) and mineral oil (32.4%) prices helped soften inflation in fuel and power segment to 20% from 27.4% in June.



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