Inflation rises to 4.10% for the week ended 11th August, 2007
The official Wholesale Price Index for 'All Commodities' for the week ended 11th August 2007 rose by 0.1 percent to 213.4 from 213.1 for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 4.10 percent for the week ended 11/08/2007 (over 12/08/2006 ) as compared to 4.05 percent for the previous week. The annual rate of inflation stood at 5.07 percent for the corresponding period of last year.
The increased inflation is due to higher prices of fruits & vegetables (4%), bajra (3%), masur (2%) and gram (1%). However, the prices of moong (5%), mutton (4%), eggs (2%) and urad (1%) declined.
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