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    HomeNewsBusinessEconomyPrice index jumps 8.23% YoY in January

    Price index jumps 8.23% YoY in January

    India's wholesale price index (WPI) rose an annual 8.23% in January on higher food prices, government data showed on Monday.

    February 14, 2011 / 12:22 IST

    India's wholesale price index (WPI) rose an annual 8.23% in January on higher food prices, government data showed on Monday.


    The figure exceeded the median forecast for an 8.05% rise in a Reuters poll and was lower than the annual rise of 8.43% in December.


    The annual reading for November was upwardly revised to 8.08% from 7.48%.

    The WPI is more closely watched than the consumer price index (CPI) in India as it covers a higher number of products.

    first published: Feb 14, 2011 12:11 pm

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