Inflation rate dips to 3.92%

Inflation rate dips to 3.92%

New Delhi, Feb 19: India’s annual rate of inflation dipped further in the week ended February 7 to 3.92 per cent from 4.39 per cent the week before, official data showed on Thursday. The inflation rate, based on the official wholesale price index (WPI) stood at 4.98 per cent for the corresponding week of the previous fiscal, showed the statistics released by the Industry Ministry here. The WPI for all commodities declined 0.2 per cent to 228 (provisional) from 228.4 (provisional) the week before. The index for primary articles declined 0.2 per cent to 248.0 (provisional) from 248.5 (provisional) for the previous week, while that for manufactured products declined 0.4 per cent to 199.7 (provisional) from 200.6 (provisional) the week before. (IANS)