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Inflation slides down to 4.84 per cent

Written by: Staff

New Delhi, July 7 (UNI) After two consecutive weeks, the annual rate of inflation today slided down from its above 5 per cent mark to 4.84 per cent for the week ended June 24, despite a rise in prices of food items.

The inflation rate for the previous week was at its one-year high at 5.44 per cent.

The inflation rate, calculated on point-to-point basis, stood at 4.30 per cent during the corresponding week of the previous year, according to official figures released here today.


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