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Industry Leaders Comment on India’s Inflation Trends in April

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New Delhi, May 12 (IANS) The moderate jump in inflation in April reflects relatively stable price conditions across several core consumption categories, particularly transport, industry leaders said on Tuesday.However, food price pressures remain elevated in select commodities, indicating the continued importance of supply-side monitoring, said PHDCCI.“Among major commodity groups, transport inflation remained subdued at near-zero levels as Government has not increased retail pump prices despi…