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India to launch producer price index this month in major data shake-up

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India to launch producer price index this month in major data shake-up

NEW DELHI, June 2 (Reuters) – India will launch a producer price index series this month as well as a wholesale price index with a new base year, marking a major shift in how the country tracks price movements, a government official said on Tuesday. India currently uses WPI as a key measure of producer-level inflation. The move to PPI…

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