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Inflation drops further to 10.68% (update)

The wholesale price index (WPI) Inflation declined further to 10.68% for the week ended Oct. 18, 2008, as compared to 11.07% in the week before, due to lower prices of fuel and manufactured goods.

Government`s fiscal and monetary measures have helped to moderate the rising prices. The annual rate of inflation stood at 3.11% as on Oct. 20, 2007 i.e. a year ago.

Index for Primary Articles group declined by 0.3% from the previous week.

The index for Food Articles...

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