Inflation rate dips further to 3.92 per cent
Inflation rate dips further to 3.92 per cent
Inflation rate dipped in the week ended February 7 to 3.92 pc from 4.39 pc.

New Delhi: India's annual rate of inflation dipped further in the week ended Feb 7 to 3.92 per cent from 4.39 per cent the week before, official data showed Thursday.

The inflation rate, based on the official wholesale price index (WPI) stood at 4.98 per cent for the corresponding week of the previous fiscal, showed the statistics released by the industry ministry.

The WPI for all commodities declined 0.2 percent to 228 (provisional) from 228.4 (provisional) the week before.

The index for primary articles declined 0.2 percent to 248.0 (provisional) from 248.5 (provisional) for the previous week, while that for manufactured products declined 0.4 percent to 199.7 (provisional) from 200.6 (provisional) the week before.

The index for fuel, power, light and lubricants, however, rose 0.5 per cent to 323.5 (provisional) from 321.8 (provisional) in the previous week due to higher prices of naphtha (up 10 per cent) and furnace oil (up 5 per cent).

At the same time, prices of aviation turbine fuel fell 5 percent and light diesel oil by 1 per cent.

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