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May inflation rises to 9.06%

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 10:13 PM IST

India's wholesale price index (WPI) rose an annual 9.06% in May, driven by higher manufactured goods prices, government data showed on Tuesday.

The figure was above the median forecast for a 8.70% rise in a Reuters poll and was higher than the annual rise of 8.66% in April.

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

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First Published: Jun 14 2011 | 11:42 AM IST

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