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India's inflation cools, factory output weakens

Published Wed, May 13, 2015 · 09:50 PM
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Mumbai

INDIA's inflation rate fell to its lowest level in four months and growth in industrial output slowed, official data showed on Tuesday, increasing calls for an interest rate cut next month.

Consumer inflation eased to 4.87 per cent in April from a year earlier - the slowest pace sin…

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