Inflation remains unchanged at 3.50%

New Delhi, Jan 11 (UNI) The Inflation rate for the week ended December 29, 2007, remained unchanged at its previous week's level of 3.50 per cent.

The annual inflation rate was 5.89 per cent during the corresponding week of the previous year, an official statement said here today.

The wholesale price index for 'All Commodities' for the week ended December 29, 2007, rose by 0.05 per cent to 216.0 (Provisional) from 215.9 (Provisional) for the previous week.

The index for 'Primary Articles' declined by 0.1 per cent to 222.1 (Provisional) from 222.4 (Provisional) for the previous week.

The index for 'Food Articles' group declined to 220.6 (Provisional) from 221.2 (Provisional) for the previous week due to lower prices of fruits and vegetables (two per cent) and fish-marine, moong and urad (one per cent each).

However, the prices of jawar and bajra (two per cent each) and arhar, barley and ragi (one per cent each) moved up.

The index for 'Non-Food Articles' group rose by 0.1 per cent to 209.8 (Provisional) from 209.6 (Provisional) for the previous week due to higher prices of raw rubber (four per cent), linseed and castor seed (two per cent each) and fodder, raw cotton and rape and mustard seed (one per cent each).

However the prices of niger seed and sunflower (four per cent each), copra (three per cent) and groundnut seed (one per cent) declined.

The index for 'Fuel, Power, Light and Lubricants' group remained unchanged at its previous week's level of 330.2 (Provisional).

MORE UNI MP SLD HS1246