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WPI inflation falls 3.21% in May, but food prices rise

Wholesale prices in the country witnessed a deflation of 3.21% in May due to sharp decline in prices of fuel and power, even as food articles turned expensive. "The annual rate of inflation, based on monthly Wholesale Price Index, stood at (-) 3.21% (provisional) for May 2020 as compared to 2.79% during the corresponding month of the previous year," the government said.

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