WPI inflation for the week ended February 14 is at 3.36%

The annual rate of inflation, calculated on point to point basis, stood at 3.36 percent (Provisional) for the week ended 14/02/2009 (over 16/02/2008) as compared to 3.92 percent (Provisional) for the previous week (ended 07/02/2009) and 5.66 percent during the corresponding week (ended 16/02/2008) of the previous year.

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 14th February, 2009 declined by 0.1 percent to 227.8 (Provisional) from 228.0 (Provisional) for the previous week.

The index for primary articles group rose marginally to 248.1 (Provisional) from 248.0 (Provisional) for the previous week.

The index for Fuel, Power, Light & Lubricants group remained unchanged at its previous week's level of 323.5 (Provisional).

The index for Manufactured Products group declined by 0.1 percent to 199.5 (Provisional) from 199.7 (Provisional) for the previous week.

For the week ended 20/12/2008, the final wholesale price index for 'All Commodities' (Base: 1993-94=100) stood at 229.2 as compared to 230.2 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 5.91 percent as compared to 6.38 percent (Provisional) reported earlier vide press note dated 01/01/2009.

Source : Equity Bulls

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