Inflation at minus 1.55 percent
New Delhi, July 09: India’s annual rate of inflation dropped to minus 1.55 percent for the week ended on June 27, from minus 1.30 percent the week before, according to official data released here today.
India’s annual rate of inflation turned negative for the week ended on June 6, for the first time since the new wholesale price index (WPI) series started in 1995.
The inflation rate had last turned negative in 1977.