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Headline inflation accelerates to 5.79 percent in July

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Reuters NEW DELHI
Last Updated : Aug 14 2013 | 12:29 PM IST

NEW DELHI (Reuters) - India's headline inflation accelerated to 5.79 percent in July, the fastest pace in five months, mainly driven by higher food prices and costlier imports as the rupee fell to a record low, government data showed on Wednesday.

July's reading was higher than the 5 percent rate estimated by analysts in a Reuters poll.

The wholesale price index -- India's main inflation measure -- rose an annual 4.86 percent in June.

The reading for May was revised to 4.58 percent from 4.7 percent, data released by the Ministry of Commerce and Industry showed.

(Reporting by Manoj Kumar; Editing by Sanjeev Miglani)

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First Published: Aug 14 2013 | 12:14 PM IST

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