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Wholesale prices inch up 0.11 pct y/y in December

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's wholesale price inflation inched up to 0.11 percent in December, snapping a six-month easing trend as food costs jumped up year-on-year, government data showed on Wednesday.

The data compared with a 0.6 percent year-on-year gain forecast by economists in a Reuters poll. Wholesale prices unexpectedly didn't advance in November.

The reading for October wholesale price inflation was revised to 1.66 percent from 1.77 percent earlier.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: Jan 14 2015 | 12:18 PM IST

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