India’s wholesale prices rise 2.17 %

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Commodity: India’s wholesale prices rose 2.17 % year-on-year in May, govt data showed on Wednesday.

The rise compares with a 3.11 % annual gain forecast by economists in a Reuters poll. In April, prices rose a provisional 3.85 %.

The data showed, wholesale food inflation was 0.15 % in May, lower than 2.90 % a month ago.

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