According to an official data which
was released in New Delhi, India's
annual rate of inflation rose 0.6
per cent for the week ended on June
13.
On the comparison the rate of inflation
for the week stood at minus 1.14 per
cent as against minus 1.61 per cent
for the week ended on June 6.
For the first time since the new wholesale
price index series started in 1995,
India's annual rate of inflation turned
negative for the week ended on June
6.
The index for fuel and power rose
to 0.4 percent; primary articles noted
a minor change of 0.1 percent and
manufactured products showed 1 percent
increase.
The inflation rate had last turned
negative in 1977.
The final data for the week ended
on April 18 showed that the revised
annual inflation rate actually stood
at 1.62 per cent.
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