Still in negative, India’s inflation rate dips to historic low

New Delhi, Aug 14 (IANS) India’s annual wholesale inflation for July fell for the ninth straight month to a historic low of (-)4.05 percent from (-)2.4 percent for the month before, led largely by a 12.8-percent decline in the index for fuels, as per official data released on Friday.

The annual inflation rate, based on the official wholesale price index, was ruling at 5.41 percent in July 2014.

Data released by the Ministry of Commerce and Industry further showed that at the disaggregated level, prices of pulses were higher by as much as 35.75 percent in July, over the corresponding month of last year, even as the price rise in onions had stabilised.

Among the three major sub-indices, the inflation rate was (-)3.66 percent for primary articles, (-)12.81 percent for fuels and (-)1.47 percent for manufactured products.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here