June 14, 2013 5:51 PM
WPI-based inflation in May falls to 4.7%
Declining prices of manufactured goods helped inflation based on the Wholesale Price Index, WPI, fall to a three-and-a-half year low of 4.7 per cent in May this year. WPI inflation has now fallen for the fourth straight month. WPI inflation had stood at 4.89 per cent in April this year, and at 7.55 ...