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India Wholesale Price Inflation At 2-Year Low On Easing Food, Energy Prices

India's wholesale price inflation softened further at the start of the year to the lowest level in twenty-four months amid continued slowdown in prices for food articles, fuel and power, provisional data from the Ministry of Commerce and Industry revealed on Tuesday.

The wholesale price index, or WPI, climbed 4.73 percent year-over-year in January, slower than the 4.95 rise in December. Economists had expected inflation to ease to 5.60 percent.

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by RTTNews Staff Writer

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