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Anand Rathi Report
India’s Wholesale Price Index inflation increased to 1.8% in September 2024, from 1.3% in Aug, propelled by the sharp rise in food prices. Food price inflation jumped 11.5% y/y, from 3.3% in Sep-23.
On the other hand, manufactured product prices further decelerated to 1%, from 1.2% in the prior month. Fuel and power prices contracted further in Sep-24.
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