India's annual inflation rate is expected to have risen in mid-May due to a rise in prices of food products and some manufactured articles; The forecast was for a 0.74 percent rise in the wholesale price Index in the 12 months to May 16, compared with a 0.61 percent rise the previous week.
Annual inflation has ticked up since falling to a record low of 0.18 percent in early April, a number that is yet to be revised. Recent revisions to past data have been upwards.
The wholesale price index is more closely watched than the monthly consumer price index (CPI) because it includes more products and is published on a weekly basis.
Annual inflation has ticked up since falling to a record low of 0.18 percent in early April, a number that is yet to be revised. Recent revisions to past data have been upwards.
The wholesale price index is more closely watched than the monthly consumer price index (CPI) because it includes more products and is published on a weekly basis.
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