India’s May wholesale prices rise 2.61% on year By Reuters

India’s May wholesale prices rise 2.61% on year By Reuters

NEW DELHI (Reuters) – India’s wholesale prices rose 2.61% in May from a year earlier, government data showed on Friday.

Economists polled by Reuters had estimated the WPI inflation would rise 2.5% in May, compared to 1.26% in April.

(This story has been refiled to say ‘wholesale prices,’ not ‘wholesale inflation,’ in the headline and paragraph 1)

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