The Wholesale Price Index (WPI) inflation number for the week of 15th Mar came out at 6.68%, crossing the 6% mark sooner than analysts' expectations. In two weeks, the WPI inflation has gone up by 1.64%, which is quite a bit. The increase is seen across the board but the biggest contributor in this jump is 'iron and steel' - its contribution has moved up from 7.7% on 1/Mar to 18.30% on 15/Mar.
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