NETWORK18

News Videos Blogs

SOME RELIEF: With growing economic crisis, the drop in inflation has come as a relief.

SOME RELIEF: With growing economic crisis, the drop in inflation has come as a relief.

Inflation drops to 8.98 | Can Govt cash in?

Inflation has dipped to 8.98 per cent for the week ended November 1 on account of declining prices of fuel and manufactured goods. The rate came down by 1.74 percentage points from 10.72 per cent in the previous week. Just a year ago, the inflation rate was 3.35 per cent. The manufacturing wholesale price index is down by 0.7 per cent while aviation turbine fuel prices are down by 18 per cent. Fuel and power are down 3.4 per cent.

About Us | Disclaimer | Careers @ IBN | RSS | Podcast | Contact Us | Feedback | Advertise With Us

© 2008 IBNLive.com India. All Rights Reserved. A Web18 Venture