The Headlines – Inflation no longer a worry? May WPI inflation drops to 0.39%; at 14-month low

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The Headlines – Inflation no longer a worry? May WPI inflation drops to 0.39%; at 14-month low

India’s wholesale price index (WPI) inflation hit a 14-month low of 0.39% in May, driven by cheaper food and fuel, although experts foresee potential price hikes due to global tensions. The industry ministry noted that positive inflation stemmed from specific sectors like food manufacturing and chemicals.

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