Inflation falls marginally to 5.84 per cent

New Delhi, Feb. 27: Inflation fell marginally by 0.07 per cent to 5.84 per cent for the week ended February 14 due to cheaper vegetables and fruits, eggs and poultry chicken and milk.

The point-to-point Wholesale Price Index (WPI) inflation declined from the previous week’s figure of 5.91 per cent even as prices rose for primary articles and heavy-weighted manufactured products, notably edible oils. The index was 5.34 per cent in the year-ago period.

The WPI, however, rose by 0.1 per cent to 179.4 points in the latest reported week as compared to 179.2 points in the previous week even as fuel prices remained unchanged for three consecutive weeks, and the index was 169.5 points in the same period in 2002-03.

Government revised upwards the final inflation to 5.92 per cent during the week ended December 20 as compared to the provisional figure of 5.63 per cent.

The final WPI stood corrected at 177 points during mid December as against the provisional level of 176.5 points. (PTI)