Inflation today (January 29) rose to 5.64 percent in the last 12 months to 17 January slightly higher than last week's annual increase of 5.60 per cent.The annual inflation was 4.45 percent in the corresponding week last year. The wholesale price index has seen more than the consumer price index, which is published monthly, because it covers a larger number of products and is published weekly.
After a decline in ten weeks, inflation had risen to 5.60 percent last week due to higher prices of edible things like fruit and vegetables is mainly due to truckers' strike. The increase in prices, brands after a gap of more than two months due to an eight-day nationwide strike by truck operators, which began on January 5. A cut in state-set fuel prices should be lower Indian inflation by about 1 percentage point over the next two weeks, junior finance minister Pawan Kumar Bansal on Thursday. "Inflation is on a downward trend. As per RBI (Reserve Bank of India) estimates, expected to come down to 3 percent by March-end" Pawan Kumar Bansal said. Inflation rises to 5.64 percent,Inflation rate rises marginally to 5.64 percent this are the most useful artical about this topic.
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