The following is the statement of Department of Economic Affairs, Ministry of Finance on inflation issued here today:
Annual rate of inflation, year on year as conventionally measured, further declined to 10.68 per cent for the week ending October 18, 2008 compared to a rate of 11.07 per cent reported in the previous week and 12.91 per cent on the week ending August 2, 2008. Wholesale Price Index during the week further declined by 0.21 per cent from 238.8 on October 11, 2008 to 238.3 on Octo
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