Govt scraps weekly inflation data release
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India has discontinued weekly release of food and fuel inflation data based on wholesale price index (WPI) with immediate effect, a government statement said on Thursday, following a decision taken last month by the Cabinet Committee on Economic Affairs.
"WPI shall, henceforth, be released on a monthly basis only," the statement said.
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India used to release the WPI inflation data only on a weekly basis until October 2010, when it began reporting it on both weekly and monthly basis.
The monthly inflation data is released on the 14th of every month.
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India's food price index declined 1.03 percent in the year to January 14, government data showed last Friday, compared with an annual drop of 0.42 percent in the prior week.
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