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Adviser MONEY MAKING MC
14 July 2016
Ballooning prices of food articles pushed up
India's annual wholesale price index sharply to 1.62% for June from 0.79% for
the month before. This kept the inflation level in the positive domain for the
third month after 17 months in the negative. The Total Investment & Insurance Solutions
The annual inflation for potatoes, as per
data on official wholesale price index (WPI) released by the Commerce and
Industry Ministry, was as much as 64.48%, while for pulses it was 26.61%.
Vegetable prices were 16.91% higher. The
Total Investment & Insurance Solutions
Significantly, the final wholesale price
index for the month of April was also revised to suggest a higher annual
inflation rate of 0.79% against 0.34% as reported earlier. The Total Investment & Insurance
Solutions
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