Inflation at 4.06% in week to Mar 18 | Latest News India - Hindustan Times
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Inflation at 4.06% in week to Mar 18

None | ByReuters, New Delhi
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.

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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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