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India’s WPI inflation hits four-month high in August

LiveMint logoLiveMint 14-09-2017 Reuters

New Delhi: India’s wholesale price inflation (WPI) rose to 3.24% from a year ago, its fastest pace in four months, driven by higher prices of food and fuel products, data showed.

The rise compares with a 3.0% increase forecast by economists in a Reuters poll and a provisional 1.88% rise in July.

Wholesale food prices in August rose 4.41% on year, compared with a 2.12% rise a month earlier, government data showed on Thursday.

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