https://www.taxtmi.com/news?id=502 The statement reports recent WPI movements and elevated headline inflation, noting stabilisation in the fuel, power and light group, a decline in point-to-point annual inflation for primary articles with multiple agricultural items showing year-on-year price declines, and a rise in point-to-point annual inflation for manufactured products despite year-on-year reductions in many manufactured goods. It notes easing inflation for a monitored basket of 30 essential commodities and identifies petroleum products and iron and steel (including iron ore) as the main drivers of persistent headline inflation. en-us Sat, 05 Jul 2008 15:54:58 +0530 Sat, 05 Jul 2008 15:54:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=502 The statement reports recent WPI movements and elevated headline inflation, noting stabilisation in the fuel, power and light group, a decline in point-to-point annual inflation for primary articles with multiple agricultural items showing year-on-year price declines, and a rise in point-to-point annual inflation for manufactured products despite year-on-year reductions in many manufactured goods. It notes easing inflation for a monitored basket of 30 essential commodities and identifies petroleum products and iron and steel (including iron ore) as the main drivers of persistent headline inflation. News - Sat, 05 Jul 2008 15:54:58 +0530 https://www.taxtmi.com/news?id=502