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Friday, January 18, 2008
India's inflation accelerated to a four-month high in the first week of January, making it less likely the central bank will cut interest rates any time soon. Wholesale prices rose 3.79 percent in the week ended Jan. 5 from a year earlier, faster than the previous week's 3.5 percent, the Ministry of Commerce and Industry said today in New Delhi.
Posted by Edward Hugh at 1:14 PM