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WPI falls 3.21% in May, but food prices rise

Inflation in food articles during May stood at 1.13 per cent, as against 2.55 per cent in April

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The final print of March WPI inflation stood at 0.42 per cent as compared to its provisional levels of 1 per cent reported on April 14, 2020, the ministry said.

Press Trust of India New Delhi
Wholesale prices in the country witnessed a deflation of 3.21 per cent in May due to sharp decline in prices of fuel and power, even as food articles turned expensive.

"The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21 per cent (provisional) for May 2020 as compared to 2.79 per cent during the corresponding month of the previous year," the commerce and industry ministry said in a statement.

Inflation in food articles during May stood at 1.13 per cent, as against 2.55 per cent in April. In fuel and power basket, deflation stood

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First Published: Jun 15 2020 | 1:00 PM IST

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