Inflation back in positive zone, rises to 0.12 pc

Written by: Super Admin
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New Delhi, Sep 17: India's annual rate inflation was back to positive at 0.12 pc for the week ended Sep 5, after remaining in negative zone for 13 consecutive weeks.

The index for primary articles rose 1.3 pc to 274.7 (provisional) from 271.2 (provisional) the week before. Similarly the index for manufactured products also rose 0.1 percent to 208.1 (provisional) from 207.9 (provisional).

The price index for fuel, power, light & lubricants also rose marginally to 343.4 (provisional) from 343.3 (provisional) for the previous week. However, the price of naphtha declined 7 percent.

Earlier, the inflation rate turned negative for the week ended Jun 6 for the first time since the new wholesale price index (WPI) series started in 1995. The inflation rate had also turned negative in 1977.

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