July 14, 2014 2:23 PM

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Inflation falls to 5.43% in June

Inflation dipped to 5.43 per cent in June mainly on account of decline in prices of food items and vegetables with the exception of potato and onion after rising to a five-month high in May. It was at 5.16 per cent a year ago in June 2013.As per the Wholesale Price Index, WPI, inflation, prices of vegetables as a category declined by 5.89 per cent during the month, while that of potato and onion soared by 42.51 per cent and 10.70 per cent respectively in the wholesale market.Inflation had soared to a five-month high of 6.01 per cent in May 2014. Among other important items, prices of sugar and edible oils fell by 2.09 per cent and 0.75 per cent respectively during June. The food items that became expensive during the month include fruits, followed by milk, egg, meat, fish and rice.

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