India’s inflation rate rises marginallyJune 25th, 2009 - 2:04 pm ICT by IANS
New Delhi, June 25 (IANS) India’s annual rate of inflation rose 0.6 percent for the week ended June 13, official data released here Thursday.
The rate of inflation for the week stood at minus 1.14 percent as against minus 1.61 percent for the week ended June 6.
The index for primary articles rose 0.1 percent, that for fuel and power by 0.4 percent and of manufactured products by 1 percent.
For the first time since the new wholesale price index (WPI) series started in 1995, India’s annual rate of inflation turned negative for the week ended June 6.
The inflation rate had last turned negative in 1977.
The final data for the week ended April 18 showed that the revised annual inflation rate actually stood at 1.62 percent.