In india, Diesel price hike will increase price of all goods through inflation: Bank of America merryl lynch

Bank of Amercia-Merrill Lynch (BofA-ML) today said the recent partial diesel price hike will inflict a 1.20% burden on the already sticky inflation and that the price index will remain elevated throughout the next fiscal.

http://www.business-standard.com/india/news/diesel-price-hike-may-add-120-bps-to-inflation-bofa-ml/203359/on

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