Inflation measured by the wholesale price index moderated in April but food inflation soared to a 33-month high of 7.4% led by a surge in prices of vegetables, cereals, wheat and pulses. Economists said the sharp spike in food inflation was not alarming but the trajectory of the southwest monsoon rains would be crucial for the final outcome on food prices.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/30kXlFt
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