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Rediff.com  » Business » Inflation slips to 3.32%

Inflation slips to 3.32%

Source: PTI
September 21, 2007 12:40 IST
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With marginal fall in fuel, power and non-metallic mineral prices, inflation came down to 3.32 per cent for the week ended September 8, against 3.52 per cent for the previous week.

In comparison, the wholesale price-based inflation stood at 5.22 per cent as on September 9, 2006.

However, prices of primary articles, which includes major food and non-food items, rose by 0.2 per cent during the week, according to official data released on Friday.

The food articles group rose by 0.2 per cent due to higher prices of fruits and vegetables, condiments and spices, barley and wheat (one per cent each).

The index of manufactured products, which has a 63.75 per cent weight in the wholesale price index, rose by 0.2 per cent.

The rate of inflation has been revised from 4.41 per cent to 4.76 per cent for the week ended July 14, 2007.

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