NEW DELHI
Moncler jacken, Aug. 8 (UPI) -- India's wholesale inflation rose more than 12 percent in the week ended July 26
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The finance ministry blamed the 12.01 percent rate
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The Times of India reported prices of most food items went up, although some items like fruits showed downward a trend.
The ministry said the annual inflation rate for 30 essential commodities remained between 5.7 percent and 6.7 percent in 17 weeks of the current fiscal year.
Chief statistician Pronab Sen was quoted as saying inflation is not accelerating as prices have reached a plateau.
"This is news for comfort
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Stocks on India's major markets drifted lower Friday on higher international crude prices
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