Online edition of India's National Newspaper
Saturday, Mar 05, 2005

About Us
Contact Us
Business
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Employment |

Business Printer Friendly Page   Send this Article to a Friend

Inflation drops further

By Our Special Correspondent

NEW DELHI, MARCH 4 . Inflation, as measured by the wholesale price index (WPI), slumped further to 4.83 per cent during the week ended February 19 to touch its 40-month low, after remaining unchanged for the two previous weeks at 5.01 per cent.

In keeping with the Economic Survey 2004-05 forecast that the Government would be able to contain the price levels in view of the various steps taken in the last quarter of 2004, the WPI point-to-point inflation fell 0.18 per cent during the week (ending Feb. 19) as compared to a week ago, mainly on account of lower prices of edible oils, vegetables and certain manufactured products.

During the like week a year ago, the level of inflation was pegged at 6 per cent.

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Employment | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu