India's inflation falls to -1.58 percent

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Inflation
New Delhi, Aug 6: The rate of Inflation fell for the eighth consecutive week to - 1.58 pc for the week ended Jul 25.

In previous week inflation was -1.54 pc. Wholesle prifce index (WPI) was 12.53 pc during the corresponding week in 2008.

Inflation eased over the previous week despite rise in food prices including fish-marine (8 pc), arhar (4 pc), urad (2 pc), fruit and vegetables, moong, masur, mutton, wheat, and condiments and spices (1 pc each).

Besides, prices of fuel, power, and light and lubricants remained unchanged over the previous week.

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