Inflation for week ending December 6th 2008 at 6.84 percent

• Author: Lalitha
• Filed under: Inflation
• Date: Dec 18,2008

Inflation data came out today and it was surprise to everyone but i was kind of thinking it will come down to like 7 percent as the fuel price cut would come into inflation data .For the week ending December 6 the infaltion stood at 6.84 percent compared to 8 percent week over week.
What got the Inflation down

>Wholesale price Index (WPI) for all commodities down 1.1% (WoW) to 231.1
>WPI for fuel and power index down 3.7% (WoW)
>Manufacturing Index Down 0.3% (WoW)
>Naphtha prices fall 23% (WoW)
>Primary articles down 0.4% (WoW)
>Petrol prices down 10%, diesel down 6% (WoW)
>Furnace oil down 15%, aviation turbine fuel or ATF prices down 7% (WoW)