Infoline News Service / Mumbai Aug 13, 2009 17:53
The government announced that it revised inflation in week to June 6 to -1.01% from -1.61%.
India's inflation, as measured by the wholesale price index (WPI) stood at -1.74% in the week ended August 1 as compared to 1.58% in the previous week, the Government said on Thursday. Inflation was at 12.91% during the corresponding week of the last year (wee ended Aug. 2, 2008). For the week ended 1st August, 2009 the WPI for "All Commodities" rose by 0.1% to 237.2 from 236.9 in the previous week.
The index for the Primary Articles group rose by 0.1% to 262.5 while the index for Food Articles group was up by 0.2% at 261.4. The index for the Fuel & Power group rose marginally to 338.3 from 338.2 in the previous week due to higher prices of aviation turbine fuel (2%). The index for the Manufactured Products group rose by 0.1% to 205.9.
The Government today announced that it had revised the inflation rate for the week ended June 6 to -1.01% from -1.61%. The WPI for the same week has been revised to 234.1 as compared to the preliminary estimate of 232.7.