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According to an official data released in New Delhi, the annual inflation rate of India has fallen to a -1.30%.


India's Annual Inflation Rate Falls To -1.30%
Last Updated: 2009-07-02T12:32:33+05:30
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India's annual rate of inflation fell to 1-.30% for the week ending June 20, according to the official data which was released in New Delhi on Thursday.

The rate of inflation for the week ended June 13 was at -1.14%. 

The index for primary articles rose 0.5%, while that for fuel and power rose by 0.1% while the manufactured products grew by 0.05%. 

For the first time since the new wholesale price index (WPI) series started in 1995, India's annual rate of inflation turned negative for the week ended June 6. The inflation rate had last turned negative in 1977. 
The final data for the week ended April 25 showed that the revised annual inflation rate actually stood at 1.75%.
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