August WPI Inflation Less By 4.95% | Prices Dip Eight Months In A Row

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ETnow

2015-09-15T04:59:47-0400

August WPI data showed the prices fell a sharper-than-expected 5% at the wholesale level. Contrary to expectations, food prices did not shoot up despite a sharp surge in onion prices as well as pulses. Fuel prices fell faster from a month earlier, thanks to the sharp correction in global crude prices. Listen in for experts' view on the WPI data.