The wholesale price index (WPI) is very close to the 0% mark. Inflation for week ended March 14 came in at 0.27% — still in positive terrain — compared with 0.44% week on week (WoW).
Earlier, a CNBC-TV18 poll saw inflation at 0.09% versus 0.44% (WoW). Last week, the inflation number for the March 7 week had come in at 0.44%, seeing a drastic fall from the week before, which led experts to predicting a fall below the 0% level in the near future.
WPI for all commodities is up 0.1% at 227 (WoW). January 17 WPI inflation has been revised To 4.95% versus 5.64% provisionally.
Thursday, March 26, 2009
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