India's inflation rate dips to 12.1% for the year ended August 30 2008.This is the third consecutive time that inflation has declined. But the same was 3.2% the same time last year.
The drop in fuel prices over the couple of months would soften inflation further. More news here.
- How is WPI inflation rate calculated in India?
- Inflation rates of India (2009)
- Inflation rates of India (2008)
- Commodities and their weightages in WPI calculation of India, Part I