New Delhi: India's annual rate of inflation dropped further to 8.4 per cent for the week ended Nov ember 22 from 8.84 per cent the week before due to a fall in prices of petroleum fuels, according to fresh data released Thursday.
The annual inflation rate was 3.11 per cent during the corresponding week the previous year.
The official wholesale price index (WPI) for all commodities during the week declined by 0.6 per cent to 233.7 from 235.1 for the previous week.
Data on wholesale prices released by the commerce and industry ministry showed that the index for primary articles, which includes food products, however, rose by 0.1 per cent during the week under review.
The index for fuels declined 2.3 per cent due to a 23-per cent decline in the prices of furnace oil, 14 per cent for aviation fuel and 11 per cent for light diesel oil.
Comments
0 comment