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Inflation dips into negative at -0.39%


16 Feb, 2015 10:35a.m.

January wholesale price index inflation drops to negative 0.39 percent from 0.11 percent in December. Food articles index was down 0.6 percent (M-o-M) while Fuel & Power group index was down 2.5 percent (M-o-M).

With inflation around zero, we can expect a similar dip in dearness allowance hike, which is likely to be 6% from Jan '15

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