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India wholesale prices fall for 8 straight months

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Published Tue, Jul 14, 2015 · 09:50 PM

Mumbai

INDIA'S wholesale inflation rate fell for an eighth consecutive month in June, government data showed on Tuesday, pulled down by weak global oil prices and above average early monsoon rains.

Inflation based on the Wholesale Price Index (WPI), an indicator which measures the biggest basket of goods, slid 2.4 per cent last month from a year earlier, the statistics ministry said.

India

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