Inflation 7.82% Vs 7.83%
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B. Karthick
May 23, 2008, 3:39:22 AM5/23/08
to Kences1
India's wholesale price index rose 7.82 percent in the 12 months to
May 10, holding near the previous week's annual rise of 7.83 percent,
government data showed on Friday.
The rate was slightly above a median forecast of 7.77 percent in a
Reuters poll of analysts.
Inflation for the week ended March 15 was revised sharply upwards to
8.02 percent from 6.68 percent.
The annual inflation rate was 5.62 percent during the corresponding
week of the previous year.
The wholesale price index is more closely watched than the consumer
price index, which is published monthly, because it covers a higher
number of products and is published weekly.
May 10, holding near the previous week's annual rise of 7.83 percent,
government data showed on Friday.
The rate was slightly above a median forecast of 7.77 percent in a
Reuters poll of analysts.
Inflation for the week ended March 15 was revised sharply upwards to
8.02 percent from 6.68 percent.
The annual inflation rate was 5.62 percent during the corresponding
week of the previous year.
The wholesale price index is more closely watched than the consumer
price index, which is published monthly, because it covers a higher
number of products and is published weekly.
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