Inflation rises to 0.70 per cent

Ankur Garg (Company Secretary and Compliance Officer)   (114773 Points)

08 May 2009  

 

 

  Inflation rises to 0.70 per cent

 

Inflation rose to 0.70 per cent for the week ended April 25th on account of higher prices of essential food articles like cereals, pulses, vegetable, milk and sugar.    

The wholesale price-based index stood at 8.27 per cent during the corresponding week a year ago.

 

This is the eighth week in a row when inflation stood below the one per cent mark.

    

During the week, prices of tea were up seven per cent, bajra three per cent, arhar two per cent, and milk, wheat and spices were dearer by one per cent each.

    

The index for fuel, power, light and lubricants remained unchanged at the previous week's level.