WPI inflation at 2-year low of 2.45%

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  • Wholesale price-based inflation slippedto 2.45% in May helped by falling prices of food articles, fuel, and power items.
  • The Wholesale Price Index (WPI)-based inflation was at 3.07% in April. It was 4.78% in May 2018.
  • Inflation in food articles basket was 6.99%, down from 7.37% in April.
  • However, onion prices spiked during the month with inflation at 15.89%, against (-) 3.43% in April.
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