Saturday, March 17, 2007

Inflation rate rises to 6.46%

India's wholesale price index rose 6.46% in the 12 months to 3 March 2007, up from the previous week's annual increase of 6.10% due to higher edible oil and naphtha prices, data showed on Friday.

The figure was higher than a forecast of 6.31%.

The annual inflation rate was 3.86% during the corresponding week of the previous year.