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PRESS TRUST OF INDIA
NEW DELHI, OCT 25: The annual rate of inflation fell further by 0.12 percentage points to 8.10 per cent for the week ended October 10, despite increase in prices of food articles.
During the week, inflation rate, based on the wholesale price index (WPI), fell to 8.10 per cent (provisional) from 8.22 per cent (P) in the previous week and 4.70 per cent in the corresponding week of last year.
This is the second consecutive week the inflation rate is falling despite sustained increase in the index for `all commodities' (Base: 1981-82=100).
In the last two weeks, inflation fell by 0.59 percentage points while, index for all commodities increased by 0.62 per cent.
The index for all commodities for the week registered a 0.3 per cent increase to 358.8 (P) compared to 357.9 (P) in the previous week. Meanwhile, the inflation based on the final index for the week ended August 15 was 8.3 per cent.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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