News flash: Inflation inches down to 11.80 per cent

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    India's wholesale price index rose 11.80 per cent in the 12 months to September 27, below the previous week's annual rise of 11.99 percent, government data showed on Friday. The rate was below a median forecast of 11.98 per cent in a Reuters poll of analysts. Inflation for the week ended on August 2 was revised up to 12.91 per cent from 12.44 per cent. The annual inflation rate was 3.36 per cent during the corresponding week of the previous year.