Google

Showing posts with label wholesale inflation updates. Show all posts
Showing posts with label wholesale inflation updates. Show all posts

Thursday, July 2, 2009

Inflation at -1.3% for week june 13 - june 20

India's wholesale price index fell 1.3 percent in the 12 months to June 20, compared with the previous week's annual decline of 1.14 percent, government data showed on Thursday.

The fall was marginally smaller than a median forecast of a 1.35 percent fall, according to a Reuters poll.

The annual inflation rate was 11.91 percent during the corresponding week of 2008.

The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is released weekly.