Inflation falls to (-) 1.58 percent
By ANIThursday, August 6, 2009
NEW DELHI - India’s wholesale price index (WPI) fell (-) 1.58 percent in the last 12 months on the week ended July 25.
With this inflation remained in the negative from the eighth consecutive weeks.
The WPI based inflation was 12.53 per cent during the corresponding week a year ago. In the previous week inflation was (-) 1.54 per cent.
Inflation eased over the previous week despite rise in food prices including fish-marine 8 per cent, arhar 4 per cent, urad 2 per cent, fruit and vegetables, moong, masur, mutton, wheat, and condiments and spices 1 per cent each.
Prices of fuel, power, and light and lubricants remained unchanged over the previous week. (ANI)
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