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Indian annual inflation at 3.32% on Sept 8

Indian annual inflation at 3.32% on Sept 8
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First Published: Fri, Sep 21 2007. 12 02 PM IST
Updated: Fri, Sep 21 2007. 12 02 PM IST
New Delhi: India’s wholesale price index rose 3.32% in the 12 months to Sept. 8, lower than previous week’s 3.52% due to a fall in energy prices, government data showed on 21 Sept.
The rate was slightly higher than a median forecast of 3.27% in a Reuters poll of analysts and is the lowest reading since December 2002.
The annual inflation rate was 5.22% during the corresponding week of the previous year.
The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is published weekly.
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First Published: Fri, Sep 21 2007. 12 02 PM IST
More Topics: Inflation | Indian economy | Home |