India's inflation rate slips to 0.13 pc
India's inflation rate slips to 0.13 pc
Revised annual inflation rate stood at 0.83 per cent as against 0.18 per cent.

Mumbai: India's annual rate of inflation fell to 0.13 per cent for the week ended on May 30 from 0.48 per cent in the previous week, official data read on Thursday.

The wholesale price index for all commodities rose 0.1 per cent primarily due to a rise in the indices for primary articles and various manufacturing products, as per data released by the Commerce and Industry Ministry.

While the index for primary articles rose 0.4 per cent, that for fuel and power and manufactured products remained unchanged.

Among the manufactured products groups, indices for food products, paper and non-metallic minerals increased, while that for textiles, rubber and plastic products, basic metal, alloys and machinery equipment declined.

The final data for the week ended April 4 showed that the revised annual inflation rate actually stood at 0.83 per cent as against 0.18 per cent reported earlier based on provisional figures.

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