Friday, August 14, 2015

Wholesale Inflation lowest in decade

Wholesale inflation fell at a faster-than-expected annual rate of 4.05 per cent in July, their ninth straight decline and their lowest in at least a decade, mainly driven by weak food and fuel prices.

The wholesale food prices fell 1.16 per cent year-on-year, while fuel prices fell 12.81 per cent from a year ago.

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