Inflation at 7.82 per cent

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Inflation at 7.82 per cent ronald.chis@googlemail.com 05-28-2008
Posted by ronald.chis@googlemail.com on May 28, 2008, 9:19 am
Inflation at 7.82 per cent
For More Logon to : http://investorline.co.in/blogs/news/

New Delhi, May 23: India's wholesale price index rose 7.82 percent in
the 12 months to May 10, holding near the previous week's annual rise
of 7.83 percent, government data showed on Friday.

The rate was slightly above a median forecast of 7.77 percent in a
Reuters poll of analysts.
For More Logon to : http://investorline.co.in/blogs/news/


Inflation for the week ended March 15 was revised sharply upwards to
8.02 percent from 6.68 percent.

The annual inflation rate was 5.62 percent during the corresponding
week of the previous year.

The wholesale price index is more closely watched than the consumer
price index, which is published monthly, because it covers a higher
number of products and is published weekly. For More Logon to :
http://investorline.co.in/blogs/news/


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