India’s inflation rate unchanged at 0.61 percent

May 28th, 2009 - 2:00 pm ICT by IANS  

New Delhi, May 28 (IANS) 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.

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