Inflation Update ; Remain in the negative zone, The wholesale price index (WPI) fell by 1.3% for the week ended June 20, 2009 as against decline of 1.14% in the preceding week.

Remain in the negative zone

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n        The wholesale price index (WPI) fell by 1.3% for the week ended June 20, 2009 as against decline of 1.14% in the preceding week.

n        The prices of primary articles declined to 5.36% for week ended June 20, 2009 as compared to 5.65% for the preceding week.

n        The prices of fuel items declined by 12.42% against a fall of 12.6% during the preceding week.

n        The inflation for manufactured products decline to 0.54% for the week, as compare to 0.78% for the preceding week.

n        Amongst the manufactured articles, the prices of food products and Beverages tobacco & tobacco products, rose the most by 10.41% and 5.6% yoy respectively. While Basic metals alloys & metals products and Machinery & machine tools decline by 13.96% and 2.56% during the week.