Inflation dips further, drops to 6.61 percent

December 26th, 2008 - 2:15 pm ICT by IANS  

New Delhi, Dec 26 (IANS) India’s annual rate of inflation dipped further to 6.61 percent for the week ended Dec 13 from 6.84 percent the week before, official data released Friday said. The wholesale price index (WPI) for all commodities declined 0.2 percent to 230.7 (provisional) from 231.1 (provisional) the previous week.

The inflation rate was 3.84 percent during the corresponding week of the previous year.

The index for primary articles rose by 0.1 percent to 249.2 (provisional) from 249 (provisional) the previous week.

The index for fuel, power light and lubricants remained unchanged at its previous week’s level of 332.1 (provisional).

The index for manufactured products declined 0.3 percent to 201.7 (provisional) from 202.4 (provisional) in the previous week.

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