Inflation falls to single digit at 9.97 pc in Jul

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Inflation
New Delhi, Aug 16: The inflation which was at 10.55 percent in Jun, now it has fell to single digit at 9.97 percent in Jul, owing to decline in prices of certain food and non-food items.

Inflation was in double digits at over 10 percent in the last four months to Jun.

Onion prices dipped by 6.85 percent in Jul and edible oils became cheaper by 0.34 percent compared to the same period of 2009.

Even the vegetable prices fell by over 14 percent and that of potato by over 44 percent on year-on-year basis.

Cement prices fell by 8.36 percent and that of non-metallic mineral products by 4.81 percent on yearly basis.

OneIndia News

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