BackWPI inflation at -4.54% in September
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14 Oct 2015, 12:26 PM IST
Wholesale prices fall for an 11th straight month in September, mainly due to a 17.71% decline in wholesale fuel prices
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New Delhi: India’s wholesale prices fell for an 11th straight month in September, plunging an annual 4.54% primarily on the back of tumbling oil prices, government data showed on Wednesday.
The fall compared with a 4.43% year-on-year decline forecast by economists in a Reuters poll and a provisional 4.95% fall in August.
The wholesale fuel prices fell 17.71% from a year ago. Prices of manufactured goods declined 1.73% on year in September.
Food prices, however, inched up 0.69% year-on-year last month. Reuters
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Published: 14 Oct 2015, 12:26 PM IST
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