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India Flash: June WPI inflation unlikely to move the needle on policy rates at RBI's July 30th meeting

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Published on Sunday, July 14, 2013

India Flash: June WPI inflation unlikely to move the needle on policy rates at RBI's July 30th meeting

India’s WPI inflation edged up in June although at a lower-than-expected pace of 4.9% y/y (consensus: 5.0%) as higher food inflation and a pick up in input prices offset easing demand pressures.