Inflation falls for eighth consecutive week to minus 1.58%

Wholesale price index (WPI)-based inflation was 12.53 per cent during the corresponding week a year ago.

Inflation eased over the previous week despite rise in food prices including fish-marine (8 per cent), arhar (4 per cent), urad (2 per cent), fruit and vegetables, moong, masur, mutton, wheat, and condiments and spices (1 per cent each).

Prices of fuel, power, and light and lubricants remained unchanged over the previous week.