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Indian inflation rises to +7.81% Y/Y in September from 7.55% in August and vs. consensus of...

Oct. 15, 2012 5:14 AM ETBy: Yigal Grayeff, SA News Editor2 Comments
Indian inflation rises to +7.81% Y/Y in September from 7.55% in August and vs. consensus of 7.75%, fueled by the government raising diesel prices by 14% to help get control of its increasing deficit. The wholesale price index +1.1% on month. The figures exacerbate the dilemma facing the RBI: how to rein in inflation against the background of slowing growth.

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