India inflation rate crosses 10%

Indian inflation has risen to a two-year-high, raising the possibility of interest rate rises.
The wholesale price index rose to 10.16% in May, the highest since 2008.
Rising food and fuel costs have pushed the rate well above forecasts, which were nearer 9%. The government says prices will come down soon.
The rise in the inflation rate comes after India recorded its fastest growth in manufacturing in at least 15 years in April.

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