Global Economic News

India Wholesale Inflation Near 2-Year Low On Further Food Price Fall

India's wholesale price inflation continued its easing trend in December to the lowest level in twenty-two months, thanks to the continued fall in food prices, provisional data from the Ministry of Commerce and Industry revealed on Monday.

The wholesale price index climbed 4.95 percent year-over-year in December, slower than the 5.85 rise in November. Economists had expected inflation to ease to 5.60 percent.

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by RTTNews Staff Writer

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