Tuesday, July 1, 2008

Inflation Consumer Prices Goods Used By Industrial Workers - July 1,2008

Inflation based on consumer prices of goods used by industrial workers fell to 7.75 per cent in May against 7.81 per cent in the previous month, giving some respite to the Government struggling hard to contain double digit wholesale prices-based inflation.

The Consumer Price Index for industrial workers (CPI-IW) figure, released here today, follows the latest government data released last week that shows the wholesale prices-based inflation at a 13-year high of over 11 per cent for two straight weeks. The inflation data based on consumer price index for industrial workers (CPI-IW) has increased by one point to 139 points in May, according to offical data here.

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