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India Wholesale Price Inflation Rises To 3.36%, Highest In 16 Months

India's wholesale price inflation accelerated further in June to the highest level in nearly one-and-a-half years amid increases in prices in a wide range of categories, provisional data from the Ministry of Commerce and Industry revealed on Monday.

The wholesale price index, or WPI, rose 3.36 percent year-over-year in June, faster than the 2.61 percent increase in May. Economists had expected inflation to accelerate to 3.50 percent.

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by RTTNews Staff Writer

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