Inflation further eases to 8 per cent | business | Hindustan Times
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Inflation further eases to 8 per cent

Inflation rate fell further to 8 per cent for the week ended November 29 mainly on account of declining prices of fruits and vegetables.

business Updated: Dec 11, 2008 13:07 IST

Inflation rate fell further to 8 per cent for the week ended November 29 mainly on account of declining prices of fruits and vegetables.

The wholesale price-based inflation fell by 0.4 per cent from 8.4 per cent in the previous week.

The inflation was 3.89 per cent during the corresponding period a year-ago.

In primary articles group, the prices of fruits, vegetables, barley and grams declined during the week.

As far as manufactured items were concerned, unrefined oil, gur, and rapeseed and mustard oil became cheaper.

The inflation rate has been declining after it touched a peak of 12.82 per cent in August.