Friday, April 3, 2009

Inflation Rises Marginally To 0.31% - April 03, 2009

The inflation grew marginally to 0.31 per cent for the week ended March 21 as the prices of certain food items like tea, gur, aerated water and imported edible oil shot up. The inflation was 0.27 per cent for the week ended March 14 and 7.8 per cent in the corresponding period a year ago.

The price of blended tea went up by 48 per cent while that of packaged tea and aerated water grew by 22 and 10 per cent, respectively. However, the items that became dearer were soft drinks as well as oil cake, bajra, condiments and spices while among non-food items cement, rubber, plastic products and PVC fittings became expensive.

On the other hand, fruit and vegetables, barley, jowar, raw silk, khandsari, salt, mustard and coconut oil became cheaper. Meanwhile, the inflation for the week ended January 24 has been revised downwards to 4.7 per cent from 5.07 per cent.

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