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Strategies & Market Trends : India Coffee House
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To: Mohan Marette who wrote (4903)7/2/1999 8:22:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
India- Inflation falls to 2.53 per cent
Ravi Kapoor
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New Delhi, July 2 : The wholesale price index (WPI) fell to 2.53 per cent in the week ended June 19 over the same week in 1998. This is a further drop from the 14-year low of 3 per cent of the previous week, according to a Reuters report quoting official sources.

The corresponding figure of 2.53 per cent last year was 7.6 per cent. The consumer price index (CPI) for industrial workers, released earlier this week, also showed a downward trend, as it came down from 8.4 per cent in April to 7.7 per cent in May. In May 1998, the CPI was 10.5 per cent.....
financialexpress.com
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