India''s inflation stood at (-) 1.21 per cent for the week ended July 4 against (-) 1.55 per cent in the previous week mainly due to higher prices of fuel items. The wholesale price index during the corresponding week a year ago was as high as 12.19 per cent. The wholesale price index for all commodities for the week ended July, 4, 2009 rose by 0.7% to 236.4 from 234.7 for the previous week.
The index for ''Food Articles'' group dipped by 0.2% to 253.6 from 254.0 for the previous week. The index for ''Non-Food Articles'' group rose by 0.3% to 237.7 from 237.0 for the previous week.
Following the government decision to raise prices of petrol and diesel by Rs 4 and Rs 2 per litre, respectively effective July 1, prices of naphtha rose 15 per cent, furnace oil 11 per cent, petrol 10 per cent, high-speed diesel 7 per cent and light diesel oil by 4 per cent.
The index for ''Food Articles'' group dipped by 0.2% to 253.6 from 254.0 for the previous week. The index for ''Non-Food Articles'' group rose by 0.3% to 237.7 from 237.0 for the previous week.
Following the government decision to raise prices of petrol and diesel by Rs 4 and Rs 2 per litre, respectively effective July 1, prices of naphtha rose 15 per cent, furnace oil 11 per cent, petrol 10 per cent, high-speed diesel 7 per cent and light diesel oil by 4 per cent.
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