Inflation sinks to 2.21 per cent
New Delhi: Inflation sank to one of the lowest-ever figures of 2.21 per cent in the last two-decades, as against a whopping 8.49 per cent a year ago, mainly due to a drastic fall in the price of vegetables and fruits.

The price change as measured by Wholesale Price Index (WPI) with base year of 1993-94, also fell by another 0.06 per cent for the week ended 8 December 2001, to touch the lowest figure in the post-reforms period, despite a steep hike in the price of beef and buffalo meat, tea, masur, condiments and spices, copra and soyabean.

The WPI also fell but marginally by 0.1 per cent to 162 from 162.2 in the previous week and the index was 158.5 a year ago, while final WPI and inflation stood at their provisional levels of 162.6 and 3.04 per cent respectively for the period ended 13 October.
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