Inflation dips to 4.36 per cent

India's wholesale price index rose 4.36 per cent in the 12 months to July 21, lower than the previous week's 4.41 per cent due to a fall in food prices, government data showed on Friday.

The rate matched a median forecast of 4.36 per cent in a Reuters poll of analysts.

The annual inflation rate was 4.72 per cent during the corresponding week of the previous year.

The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is published weekly.

Inflation unchanged at 6.09%

Inflation based on the wholesale price index (WPI) was unchanged at 6.09% for the week ended 14 April.

Prices of vegetables, which shot up over 23% during the previous week contributing the most to inflation, declined 5% in the week under review.

Besides vegetables, prices of fruits, urad, coconut oil, naphtha, brass sheets and strips also declined. This was offset by the rise in prices of non-vegetarian food items, gram, groundnut oil, cotton seed oil and ferro silicon. Prices of other products moved in a narrow range.

Inflation continues at 6.46%

India's wholesale price index rose 6.46 per cent in the 12 months to March 17, matching the previous week's increase, data showed on Friday.

The figure was slightly below a forecast of 6.50 per cent in a Reuters poll of analysts.

The annual inflation rate was 3.69 per cent during the corresponding week of the previous year.

The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is published weekly.