Friday, September 12, 2008

Inflation rate falls to 12.1% as some food items turn cheaper

The annual Wholesale Price Index-based inflation rose 12.10 per cent during the week ended August 30, below the previous week’s annual rise of 12.34 per cent, Government data showed on Thursday.

The annual inflation rate was 3.72 per cent during the corresponding week of the previous year. During the latest reported week, the official WPI for All Commodities rose ended at 240.8 points, up from 240.3 points for the previous week.

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