Inflation falls to 0.13% for the week ended May 30

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Inflation falls to 0.13% for the week ended May 30

This article was posted on Jun 11, 2009 and is filed under Press Releases

The governemnt revised inflation for the week ended April 4 to 0.83% from 0.18%.

The annual rate of inflation, calculated on point to point basis, stood at 0.13% for the week ended May 30, 2009 as compared to 0.48% for the previous week ended May 23, 2009 and 9.32% during the corresponding week May 31, 2008.

The Wholesale Price Index rose by 0.1% to 232.6 from 232.3 for the previous week. The governemnt revised inflation for the week ended April 4 to 0.83% from 0.18%.

The index for ‘Non-Food Articles’ declined by 0.1% to 234.3 from 234.5 for the previous week. However, the index for Fuel & Power remained unchanged at its previous week’s level of 324.0.

The index for ‘Rubber & Plastic Products’ declined by 0.4% to 166.0 from 166.6 for the previous week and the index for ‘Textiles’ declined by 0.1% to 141.4 from 141.5 for the previous week.

The index for ‘Basic Metals Alloys & Metal Products’ declined by 0.1% to 255.3 from 255.6 for the previous week and the index for ‘Machinery & Machine Tools’ declined by 0.2% to 171.9 from 172.3 for the previous week.

The index for Primary Articles rose by 0.4% to 257.7 from 256.6 for the previous week.

SOURCE: Indiainfoline

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