rediff logo
« Back to Article
Print this article

Inflation falls to 5.78%

January 14, 2005 12:36 IST
Inflation fell below the 6 per cent mark, after almost seven months, to 5.78 per cent during the week ended January 1, mainly due to a fall in prices of fuels, vegetables and fruits, edible oils and other food items.

The wholesale price index based inflation fell by 0.61 per cent during the review week from 6.39 per cent in the previous week despite a rise in manufactured products prices.

A series of measures by the finance ministry and the Reserve Bank helped bring down the inflation to 5.78 per cent, lower than 6.45 per cent a year ago.

© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.