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Drumbeat: Ad Buzzaar
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Monday, August 17, 1998
Inflation remains high at 8.04%
NEW DELHI, August 16: The annual rate of inflation fell significantly by 0.28 percentage points to 8.04 per cent for the week ended August 1, after touching a 139-week high last week. The fall in the rate of inflation during the week under review is despite a 0.1 per cent increase in the index for all commodities. This is the fourth consecutive week that the inflation rate has remained above the eight per cent mark. Inflation, based on the wholesale price index, fell by 0.28 percentage points to 8.04 per cent (provisional) from 8.32 per cent (p) the week before.Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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