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Friday, May 08, 2009
Inflation rises to 0.7% in week ended April 25
The annual rate of inflation, calculated on point to point basis, stood at 0.70% for the week ended April 25 as compared to 0.57% for the previous week. Inflation was at 8.27% during the corresponding week of the previous year. The Wholesale Price Index for 'All Commodities' for the week ended 25th April, 2009 rose by 0.2% to 230.7 from 230.2 for the previous week. The Government revised inflation rate for the week ended Feb. 28 to 2.47% from the provisional forecast of 2.43%, while the WPI for the same period stood at 227.8 as compared to the preliminary estimate of 227.7.