Inflation stays negative at -1.30 per cent
02 Jul 2009
The annual rate of inflation based on the wholesale price index stood lower 1.30 per cent (provisional) for the week ended 20 June 2009 as compared to -1.14 per cent (provisional) for the previous week (ended 13 June 2009) and 11.91 per cent during the corresponding week of the previous year (ended 21 June 2008).
The official wholesale price index for 'all commodities' (base: 1993-94 = 100) for the week ended 20 June 2009 rose 0.2 per cent to 234.6 (provisional) from 234.2 (provisional) for the previous week.
The index for the `primary articles' group rose 0.5 per cent to 257.6 (provisional) from 256.3 (provisional) for the previous week.
Among primary articles, the index for the 'food articles' group rose 0.6 per cent to 252.8 (provisional) from 251.2 (provisional) for the previous week due to higher prices of fruits and vegetables (4 per cent) and arhar (1 per cent). However, the prices of fish-marine and tea (-4 per cent each) and jowar (-3 per cent) declined.
The index for 'non-food articles' group rose 0.3 per cent to 236.8 (provisional) from 236.0 (provisional) for the previous week due to higher prices of fodder (4 per cent) and groundnut seed (2 per cent). However, the prices of raw wool (-4 per cent), raw silk and raw rubber (-2 per cent each) and copra and linseed (-1 per cent each) declined.
The index for the 'fuel, power, light and lubricants'
group rose 0.1 per cent to 327.9 (provisional) from 327.5 (provisional) for the previous week due to higher prices of naphtha (2 per cent).
