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Inflation rate declines to 2.7 per cent 

 
JANUARY 16: With primary articles prices abating, the inflation rate declined for the second consecutive week to touch 2.70 per cent on January 1. It was 2.93 per cent the earlier week. However, the inflation rate was just above 5 per cent mark at 5.15 per cent during the corresponding week last year.

The recent 0.23 per cent fall in the inflation rate was mainly on account of downward trends in the prices of vegetables.

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