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Saturday, 15 February 2014 - 15:43
India inflation falls to eight-month low
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India's inflation fell to an eight-month low in December due to easing food prices, providing some good news for the government ahead of national elections.

The scandal-hit Congress-led government of Prime Minister Manmohan Singh is desperate to tame inflation and revive the economy as it seeks a third term in office at national elections due by May.

The Wholesale Price Index -- the most widely watched price barometer -- eased to 5.05 per cent in January from a year earlier, down sharply from 6.16 per cent the previous month.
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