Monday, 15 July 2013

India: WPI inflation ticks up | beyondbrics

"Is this a worry for India?

Having fallen gradually over the past nine month, Wholesale Price Index inflation rose to 4.86 per cent in India this June. That’s up from 4.7 per cent in May but still below the 7.58 per cent inflation recorded in June last year. It was also under the average forecast of 4.90 per cent in a Reuters poll of analysts.
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