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Monday, December 15, 2014

Inflation hits a zero, lowest in over 5 years


NEW DELHI: Wholesale price inflation hit a zero level in November, the lowest in about five and half years, on account of decline in prices of food, fuel and manufactured items.

The Wholesale Price Index (WPI) based inflation was at 1.77 per cent in October and 7.52 per cent in November 2013.

As per data released by the government on Monday, the food inflation fell to nearly three year low of 0.63 per cent. Food inflation is on decline since May.

(the times of india)