Friday, February 8, 2008

Annual Inflation At 4.11 % On Jan 26

NEW DELHI: India's wholesale price index rose 4.11 percent in the 12 months to Jan. 26, higher than the previous week's rise of 3.93 percent, government data showed on Friday.

The rate was above a median forecast of 3.97 percent in a poll of analysts.

The annual inflation rate was 6.69 percent 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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