Inflation in India falls to 11.07 per cent

October 23rd, 2008 - 7:40 pm ICT by ANI  

New Delhi, Oct 23 (ANI): Riding on back of lower prices of food and non-food items inflation fell to 11.07 per cent for the week ended October 11, from 11.44 per cent a week ago.

The prices of fruits and vegetables and eggs declined during the week. And in the non-food category, sunflower and raw cotton became cheaper.

On account of lower prices of furnace oil the index of fuel group too declined marginally by 0.1 per cent.

During the week, the prices of other goods that declined were imported edible oil, oilcakes, polyester, staple fibre and ingots of lead and zinc.

However, tea, ghee, maize, rice, masoor, raw tobacco, mustard seed, lubricants, cotton yarn became expensive during the week. (ANI)

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