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01:09
India's wholesale inflation falls to 2.04 pct in July
STORY: India's wholesale inflation falls to 2.04 pct in July
SHOOTING TIME: Archives
DATELINE: Aug. 16, 2024
LENGTH: 00:01:09
LOCATION: New Delhi
CATEGORY: ECONOMY
SHOTLIST:
1. India gate
2. various of the crop harvesting
3. various of the market area
4. various of the gas station
STORYLINE:
India's wholesale price index (WPI) declined to 2.04 percent in July, showed data released by the federal Ministry of Commerce and Industry on Wednesday.
"The annual rate of inflation based on all India WPI numbers is 2.04 percent (provisional) for the month of July 2024," said a statement issued by the ministry.
"Positive rate of inflation in July 2024 is primarily due to the increase in prices of food articles, manufacture of food products, mineral oils, crude petroleum and natural gas, other manufacturing etc.," said the ministry.
WPI inflation rate was 3.36 percent in June and 2.74 percent in May in the South Asian country.
Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)
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