India’s wholesale inflation eases to 3-month low of 2.04% in July

In July, India's wholesale inflation, measured by the Wholesale Price Index, eased to 2.04% annually from a 16-month high of 3.36% in June, surpassing a Reuters poll estimate of 2.39%. Retail inflation also slowed to 3.54%, the lowest in nearly five years, driven by a sharp drop in food prices.
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