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Inflation rises to 3.83%

Inflation rises to 3.83%
PTI
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First Published: Fri, Jan 25 2008. 01 05 PM IST
Updated: Fri, Jan 25 2008. 01 05 PM IST
New Delhi: Inflation rose to 3.83% for the week ended 12 January, against 3.79% in the previous week mainly due to rise in prices of manufactured items and some food articles.
The wholesale price-based inflation stood at 6.15% in the corresponding week a year ago.
Among food articles, maize and rice became expensive, while gram, fish marine and jowar declined.
Of the manufactured items, prices of imported edible oil, sunflower oil, sugar and coconut oil moved up.
However, during the week, inflation stood well below Reserve Bank of India projection of close to 5% for the current fiscal.
There are expectations of a cut in the interest rate by the central bank in the upcoming review of monetary policy scheduled on 29 January.
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First Published: Fri, Jan 25 2008. 01 05 PM IST