Xinhua world economic news summary at 0900 GMT, May 14

NEW DELHI — India’s wholesale price index (WPI) rose 1.26 percent in April, according to data released Tuesday by the Federal Ministry of Commerce and Industry.

“The annual rate of inflation based on all India WPI number is 1.26 percent (provisional) for the month of April 2024 (over April 2023),” read a statement issued by the ministry. “Positive rate of inflation in April 2024 is primarily due to increase in

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