To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
  •  

India: Inflation continues to slip, now at -1.55pc

Indian Inflation
New Delhi, Jul 9: Continuing to drop for the fourth consecutive week, India's inflation rate for the week ended Jun 27 is at -1.55 per cent. However, the experts predict that the hike in fuel prices will arrest this slide.

The wholesale price index has been falling since the week ended Jun 6 and the current rate fell to the low of -1.55 from the previous rate of -1.30.

The price index for primary articles rose 0.3 per cent, that of fuel and power remained at its previous week's level of 327.9. And the price index for manufactured products declined by 0.1 per cent.

OneIndia News

Steps taken to bring down Inflation: G K Pillai

Mumbai, Aug 22: Union Secretary for Commerce, G K Pillai on Friday, Aug 22 hinted a possible decline in inflation rate that touched a 13-year high of 12.63 per cent in the week ending August 9. Speaking to newsmen on the sidelines of an international conference on Special Economic Zones (SEZ) here, he said that the cabinet committee on prices was closely reviewing the situation periodically and steps were being initiated to contain the prices. Mr Pillai said wheat and rice was.....
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login