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WPI records 4.5-year low with 3.21% deflation, food prices high - Hindustan Times 17-Jun-2020
WPI records 4.5-year low with 3.21% deflation, food prices high - Hindustan Times
In May, both fuel and manufactured price inflation turned negative because of falling crude oil prices and companies losing pricing power amid a fall in demand, respectively. Food inflation also eased to 1.13% in May from 2.55% in the preceding month.
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