Inflation Rate Down To 4.05%

New Delhi: For the week ended August 4, inflation turned down to 4.05 per cent as against to 4.45 per cent in the last week because of lower prices of poultry chicken, moong, fruits, vegetable and some man-made things.

The wholesale prices-based inflation was 5.08 per cent in the matching week of the last year. During the week, the prices of vegetables, fruits and poultry chicken slumped by five per cent each, whereas those of moong and fish-marine descended by one per cent.

But, prices of aviation turbine fuels climbed up by four per cent whilst tea, arhar and milk also went up.

In manufactured products category, imported cooking oil, methyl alcohol, basic pig iron, foundry pig iron and bakeshop products got less expensive.

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