Inflation dips to 4.56 pc due to fall in food prices

New Delhi, Sep 29: The annual rate of inflation today further dipped to 4.56 per cent for the week ended September 16 as against 4.61 per cent the previous week, due to a fall in food prices.

Finance Minister P Chidambram today said wheat and pulses will continue to impact inflation rate, especially the consumer price.

''Inflation rate has been moderating for the last two to three weeks and would continue to moderate in the next few days,'' Mr Chidambram said.

He said the Government is taking all monetary and fiscal measures to contain the inflation rate.

The inflation rate calculated on point-to-point basis, stood at 4.17 per cent during the corresponding week of the previous year, according to official figures released here today.

UNI