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Falling WPI only an improvement, not yet good news: Mythili Bhusnurmath
“After the fall in the retail price index that is the CPI to below 7% in July, the wholesale price index is also now down to 13.93%, down from 15.18% in June. But the fact is this is on a fairly high base. On July ‘21, WPI was 11.57% and so it was fairly high. We need to keep that caveat in mind.”