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Friday 21 August, 2009.
Inflation for the week ended 8th August rose slightly to (-)1.53 per cent against (-)1.74 per cent in the previous week.
Inflation in the corresponding week in the previous year was 12.82 per cent. Prices of food articles continued to rise over the previous week.
Bajra and urad prices rose by two per cent each, and condiments and spices, arhar, and fruit and vegetables became more expensive by one per cent.
However, the prices of jowar came down by four per cent, barley by two per cent, and moong by one per cent.
Its a false rate
The prices are nearly double from 6 months ago but we are still facing deflation. How can this be justified.
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