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India wholesale prices rise 9.92% year-on-year in August
NEW DELHI: India’s wholesale prices rose 9.92% year-on-year in August, government data showed on Monday, as oil and food prices increased at a faster pace. The print was higher than the 9.78% rise a month ago and economists’ average projection of 9.89% in a Reuters poll. Wholesale food prices rose 7.05% year-on-year in August after rising 6.65% in July. Prices of manufactured products rose 8.37% year-on-year in August after an 8.29% year-on-year rise a month ago. India’s August retail inflation at 4.82% on-year Fuel and power prices increased 22.93% year-on-year in August, as against a rise of...
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