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India's annual wholesale price inflation rate dipped further, turning to a provisional deflation of (-) 1.21% for October year-on-year, according to data released by the Ministry of Commerce and Industry. The main drivers of this negative rate were the decrease in prices of food articles, crude petroleum and natural gas, among others. Wholesale inflation had eased to 0.13% in September.
short by Medhaa Gupta / 02:06 pm on 14 Nov
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