Understanding the latest inflation data | Number Theory

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Both retail and wholesale inflation numbers for the month of May are now out. Retail inflation as measured by Consumer Price Index (CPI) fell to 2.8%, a six-year low in the current series. Wholesale inflation as measured by the Wholesale Price Index (WPI) came in at 0.4% in May, the lowest reading in 14 months. Is there a larger message in the latest inflation numbers? Here is what a data analysis shows.

Retail inflation as measured by Consumer Price Index fell to 2.8%, a six-year low.(Reuters)

Understanding the latest inflation data

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