Wholesale Price Index
The govt must act to quickly rein in the runaway inflation before it inflicts further distress on people and erodes the demand, making an equitable recovery even more difficult
Inflation in fuel and power basket spiked to 37.61 per cent during May, against 20.94 per cent in April, amid hardening of global commodity prices.
However, observers cited that even volatility on account of profit booking will likely trigger in bottom fishing, thereby reigniting the up move.
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