Cheaper fuel prices slide inflation to 4.39 pc

Written by: Super Admin
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New Delhi, Feb 12: The week's inflation has come down to 4.39 per cent due to cheaper fuel prices and food items. From 5.07 per cent points of last week, inflation declined by 0.68 per centage points during the week ended Saturday, Jan 31 on account of reduction in prices of petrol, diesel and cooking gas, announced by the government on Wednesday, Jan 28.

Food items that reduced during the week were tea, fruit and vegetables, spices. Prices of imported edible oils, mustard oils and coconut oil came down.

In the manufactured goods category, items of common use like dhoties, sarees, ceiling fans and cotton cloth became cheaper.

During the week, Indian Made Foreign Liquor (IMFL) too became cheaper by as much as 15 per cent.

Items that turned expensive during the week were maize, wheat, rice and pulses and tobacco.

The previous comparable low was recorded at 4.36 per cent for the week ended January 12, 2009.

OneIndia News (With inputs from Agencies)

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