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Inflation falls to minus 1.54 pc

Last Updated 30 July 2009, 06:41 IST

Inflation stood at (-)1.17 per cent in the previous week. However, the wholesale price index was as high as 12.54 per cent in the corresponding week a year ago.


The prices of food items like mutton rose by 14 per cent, arhar by 9 per cent, gram by 4 per cent, fruit and vegetables by 2 per cent during the week.


However, a major decline was registered in mineral index, as prices fell by 16.8 per cent mainly due to softening iron ore prices by 24 per cent and felspar by 3 per cent.

At the same time, prices of jet fuel also declined by 7 per cent during the week.

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(Published 30 July 2009, 06:41 IST)

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