India Aug 30 WPI inflation 12.10% vs 12.34% week ago
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B. Karthick
Sep 11, 2008, 8:33:22 AM9/11/08
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India Aug 30 WPI inflation 12.10% vs 12.34% week ago
Thursday, Sep 11
NEW DELHI - India's headline inflation slipped to 12.10% for the
week ended Aug 30 from 12.34% in the previous week, the commerce and
industry ministry said today.
This is the third consecutive week that the inflation rate has
fallen week on week.
The fall in inflation rate, based on the wholesale price index, is
on
account of a high base effect.
In the week ended Aug 30, index for all commodities rose 0.2% to
240.8 from 240.3 a week earlier. In the corresponding week last year,
the index had risen 0.4% on week to 214.8.
The inflation rate was 3.72% in the year ago period.
B.Karthick
Research Analyst.
Thursday, Sep 11
NEW DELHI - India's headline inflation slipped to 12.10% for the
week ended Aug 30 from 12.34% in the previous week, the commerce and
industry ministry said today.
This is the third consecutive week that the inflation rate has
fallen week on week.
The fall in inflation rate, based on the wholesale price index, is
on
account of a high base effect.
In the week ended Aug 30, index for all commodities rose 0.2% to
240.8 from 240.3 a week earlier. In the corresponding week last year,
the index had risen 0.4% on week to 214.8.
The inflation rate was 3.72% in the year ago period.
B.Karthick
Research Analyst.
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