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Inflation unchanged at 4.2 per cent
New Delhi, May 21: In tune with RBI`s expectation of moderate inflation this year, the general price level stood unchanged at the previous week`s figure of 4.2 per cent for the week ended may 8 even as prices of atta, maida, rawa & condiments and spices fell.
New Delhi, May 21: In tune with RBI's expectation of
moderate inflation this year, the general price level stood
unchanged at the previous week's figure of 4.2 per cent for
the week ended may 8 even as prices of atta, maida, rawa &
condiments and spices fell.
The point-to-point wholesale price index inflation stood
firm despite the increasing prices of wheat, eggs and some
edible oils. The index was at 6.76 per cent in the year-ago
period.
WPI also stood firm at 181.1 points during the latest
reported week with fuel prices remaining firm despite the oil
prices touching a 13-year high of over 40 dollars a barrel in
the global market mainly due to security threats at Saudi
Arabia's oil installations. The index was 173.8 points in the
previous year period.
The final inflation and WPI for the week ended March 13
were unaltered at provisional levels of 4.78 per cent and
179.7 points.
Bureau Report
Bureau Report