India Apr 5 WPI inflation rate slips to 7.14% vs 7.41%
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K.Karthik Raja
Apr 17, 2008, 2:42:43 AM4/17/08
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India Apr 5 WPI inflation rate slips to 7.14% vs 7.41%
Thursday, Apr 17
NEW DELHI - India's headline inflation rate fell to 7.14% for the
week ended Apr 5 from an over three-year-high of 7.41% a week earlier,
the commerce and industry ministry said today.
The fall in inflation rate is on account of a high base effect.
The inflation rate, based on the Wholesale Price Index, was 6.44%
in the year ago period.
In the week to Apr 5, the index for all commodities rose 0.3% to
226.6 from 226.0 a week earlier. In the corresponding week last year,
the index had risen 0.5% on week to 211.5.
The latest inflation rate is below consensus estimates.
Thursday, Apr 17
NEW DELHI - India's headline inflation rate fell to 7.14% for the
week ended Apr 5 from an over three-year-high of 7.41% a week earlier,
the commerce and industry ministry said today.
The fall in inflation rate is on account of a high base effect.
The inflation rate, based on the Wholesale Price Index, was 6.44%
in the year ago period.
In the week to Apr 5, the index for all commodities rose 0.3% to
226.6 from 226.0 a week earlier. In the corresponding week last year,
the index had risen 0.5% on week to 211.5.
The latest inflation rate is below consensus estimates.
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