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Inflation falls to 4.87%
UNITED NEWS OF INDIA
NEW DELHI, April 5: With prices loosening their grip on food articles and food products, the inflation rate witnessed another minuscule fall for the second consecutive week to touch 4.87% on march 21. It was 4.92% in the previous week.However, it was 6.91% in the corresponding week last year (March 22). It fell below the 5% mark on March 14 after a gap of 11 weeks when it touched 4.92%. The 0.05% decline in the inflation rate was on account of falling prices of tea, masur, eggs and bajra. Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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