EPIC UPDATE: RUPEE

The WPI inflation for October 2012 came in at 7.45% y-o-y,below the street expectation of 7.93%.Primary article inflation cooled down further from 8.77% y-o-y in September to 8.21% y-o-y led by high base effect, also on monthly basis saw a decline of 0.2% due to flat to negative prices of food articles like pulses, fruits, eggs, meat & fish. Fuel and power index

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