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APRIL SAW A 13-MONTH HIGH IN WHOLESALE PRICE INFLATION

Why in the news? India’s wholesale price inflation hit a 13-month high of 1.26% in April, up from 0.53% in March. The increase was driven by a surge in food prices and a 1.4% rise in fuel and power prices after 11 months of deflation. Prices of primary food articles rose to 7.74% in April, …

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