India''s inflation hovers near the three decade low as its wholesale price index shot up 0.61 percent in the 12 months to May 9, 2009 as against previous week''s annual rise of 0.48 percent, government data showed on Thursday. The annual inflation rate was 8.57 percent during the corresponding week of the previous year.
According to data released by the commerce and industry ministry showed that the index for primary articles rose 0.5 per cent during the week and that for manufactured products was up 0.1 per cent, while the index for fuels remained unchanged at 323.7.
Meanwhile, the inflation figure for week-ended March 14 has been revised to 0.71 per cent as against 0.27 per cent (provisional).
According to data released by the commerce and industry ministry showed that the index for primary articles rose 0.5 per cent during the week and that for manufactured products was up 0.1 per cent, while the index for fuels remained unchanged at 323.7.
Meanwhile, the inflation figure for week-ended March 14 has been revised to 0.71 per cent as against 0.27 per cent (provisional).
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