India's inflation rate unchanged at 0.61 percent
Facebook Twitter google+ RSS Feed

India's inflation rate unchanged at 0.61 percent

Thursday, 28 May 2009, 07:00 Hrs
Printer Print Email Email
New Delhi: India's annual rate of inflation remained unchanged at 0.61 percent for the week ended May 16 with minor increase in the the index for primary articles, fuel and power and manufactured products, official data showed Thursday.

The wholesale price index for all commodities, however, rose 0.1 percent, as per data released by the commerce and industry ministry.

Higher prices of tea, fruits, vegetables and spices had pushed up the annual rate of inflation to 0.61 percent for the week ended May 9 from 0.48 percent the week before.

Thursday's data also showed a marginal increase of 0.1 points in the index for primary articles, even though prices of food articles declined 0.1 points due to lower prices of gram, fruits and vegetables and jowar.

The index for manufactured products also rose 0.1 percent.

The final data for the week ended March 21 showed that the annual inflation rate actually stood at 0.84 percent against 0.31 percent reported earlier based on provisional figures.
Source: IANS
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT