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The rate of inflation for the week stood at minus 1.14 percent as against minus
1.61 percent for the week ended June 6, official data released here Thursday.
The index for primary articles rose 0.1 percent and that for fuel, power
by 0.4 percent and of manufactured products by 1 percent.
For the first
time since the new wholesale price index (WPI) series started in 1995, India's
annual rate of inflation turned negative for the week ended June 6.
The
inflation rate had last turned negative in 1977.
The final data for the week ended April 18
showed that the revised annual inflation rate actually stood at 1.62 percent.
The hardening of inflation was primarily due to increase in prices of
tea and jowar (two percent each) and arhar (one percent). However, the prices of
bajra (4percent) and eggs (2 percent) declined.
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