India Aug 23 WPI inflation 12.34% vs 12.40% week ago
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B. Karthick
Sep 4, 2008, 8:31:36 AM9/4/08
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India Aug 23 WPI inflation 12.34% vs 12.40% week ago
Thursday, Sep 4
India's headline inflation slipped to 12.34% for the week
ended Aug 23 from 12.40% in the previous week, the commerce and
industry ministry said today.
This is the second consecutive week that the headline inflation
rate has declined.
The fall in inflation rate, based on wholesale price index, is
mainly on account of a high base effect.
In the week ended Aug 23, index for all commodities rose
marginally to 240.3 from 240.2 a week earlier. In the corresponding
week last year, the index had risen 0.1% on week to 213.9.
The inflation rate was 3.94% in the year ago period.
B.Karthick
Research Analyst.
Thursday, Sep 4
India's headline inflation slipped to 12.34% for the week
ended Aug 23 from 12.40% in the previous week, the commerce and
industry ministry said today.
This is the second consecutive week that the headline inflation
rate has declined.
The fall in inflation rate, based on wholesale price index, is
mainly on account of a high base effect.
In the week ended Aug 23, index for all commodities rose
marginally to 240.3 from 240.2 a week earlier. In the corresponding
week last year, the index had risen 0.1% on week to 213.9.
The inflation rate was 3.94% in the year ago period.
B.Karthick
Research Analyst.
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