| |
| | |  Advertisement | | |
| |
June 08, 2007 12:26 IST
Inflation fell below the five per cent mark to stand at 4.85 per cent for the week ended May 26 from 5.06 per cent in the previous week, as the prices of essential food items like pulses and fruits and vegetables declined.
The decline in inflation is also due to base effect of last year. For the first time in many months the rate was less than what it stood a year ago.
The wholesale prices-based index was at 4.99 per cent during the corresponding week last year.
© Copyright 2007 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
|
| |
Email this Article 
Print this Article