Inflation Drops to Five-Year Low on Fall in Fuel, Food Prices

PUBLISHED ON: September 15, 2014 | Duration: 1 min, 46 sec

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In a big boost to the Narendra Modi government, wholesale price inflation eased to a near five-year low of 3.74 per cent in August. A sharp fall in food and fuel prices and favourable base effect helped cool inflation, data shows.
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