Annual inflation at 3.94% on Aug 18

Reuters
Posted: Friday, Aug 31, 2007 at 0000 hrs IST
Updated: Friday, Aug 31, 2007 at 1145 hrs IST

Font Size

Feedback

Discuss

Discount UK Shopping

Exports growth pegged at 8 pct in Jan Price rise will be in control soon: Pranab No plan to raise FII limit in debt: FinMin

New Delhi, August 31: : India's wholesale price index rose 3.94 per cent in the 12 months to Aug. 18, lower than the previous week's 4.10 per cent due to a decline in some manufactured product prices, government data showed on Friday.

The rate matched a median forecast of 3.94 per cent in a poll of analysts.

It was the first time annual inflation has been below 4 per cent since the end of April 2006.

The annual inflation rate was 5.12 per cent 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.

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Latest News

Print Edition

Events

Annual inflation at 3.94% on Aug 18

Post Comments