April inflation accelerates to 7.23%
India's wholesale price index (WPI) rose a faster-than-expected 7.23 per cent in April from a year earlier, mainly driven by higher food prices and manufactured items, government data showed on Monday.
Analysts on average had expected an annual rise of 6.91 per cent, a Reuters poll showed. Wholesale prices rose 6.89 per cent in March.
The annual reading for February was upwardly revised to 7.36 per cent from 6.95 per cent, the government said in the release.
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