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India s wholesale inflation surged to 0.26 per cent in November, marking a significant shift from seven consecutive months in negative territory. The rebound is attributed to heightened demand, particularly fueled by the festive season. ....
The Wholesale price index registered a 0.26% increase in November, compared with 0.5% deflation in October, according to data released Thursday. Experts indicate that while wholesale inflation will likely remain positive, it will stay below 2% for the remainder of the year as energy and manufacturing costs remain contained. ....