.....India's wholesale and consumer price inflation levels are way above the Reserve Bank of India's comfort lines, central bank Governor Duvvuri Subbarao said on Monday. India's wholesale price index (WPI), the main inflation gauge, rose to a lower-than-expected annual 7.25% in June, its slowest rate since January, helped by moderation in fuel prices. The RBI's threshold level for inflation is around 5%, he said.......
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