Inflation at 4.06% in week to Mar 18
None | , New Delhi
Reuters Mar 31, 2006 05:33 PM IST
India's wholesale price index rose 4.06 per cent in the 12 months to March 18, slowing from 4.28 per cent a week earlier.
India's wholesale price index rose 4.06 per cent in the 12 months to March 18, slowing from 4.28 per cent a week earlier, due to lower prices of poultry and tea, the government said on Friday.
The rate was below a Reuters survey forecast of 4.2 percent. The inflation rate was 5.45 per cent during the corresponding week of the previous year.
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The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it has a higher number of products in its basket and is published weekly.
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