Mint Quick Edit | WPI revision: why India can expect to keep better track of wholesale prices
Overall, we can expect inflation measurements to get more accurate. For now, India has price pressures to deal with. Retail inflation rose above 3.9% last month. Prospects of peace in West Asia hold out the hope of a return to energy-market normalcy after this year’s oil shock. Yet, since India’s relief path remains hazy, this episode of price instability could prove more than transitory.
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