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Inflation rates go up in February

24
Mar '08

The inflation rates based on CPI, SPI and WPI for the period of three years and three months with respect to the corresponding period/month are given.

July-February over Corresponding Period of Last Year:
The inflation rates based on CPI, SPI and WPI for the year 2007-08 increased by 8.90%, 12.15% and 11.68% respectively over the corresponding period of 2006-07. It increased by 8.04%, 11.69% and 7.14% respectively in 2006-07 over the corresponding period of 2005-06.

In 2005-06, the rate of inflation increased by 8.42%, 6.63% and 10.83 % respectively over the same period of 2004-05. An analysis of data for last three years for the same period indicates that CPI, SPI & WPI were higher as compared to last two years.

February over Corresponding Month of Previous Year:
The inflation rates based on CPI, SPI & WPI in February, 2008 increased by 11.25%, 14.63% and 16.36% over February, 2007 respectively.

CPI, SPI and WPI in February 2007 increased by 7.39%, 10.60% and 5.09% respectively over February, 2006 and in February, 2006 the CPI, SPI and WPI increased by 8.05%, 7.01% and 9.94% respectively over February, 2005. An analysis of data for three years for the same period indicates that CPI, SPI & WPI in February, 2008 were higher as compared to February, 2006 & 2007.

February over Previous Month:
The inflation rates based on CPI & WPI in February, 2008 increased by 0.49%, 1.24% but SPI decreased by 1.33% over January, 2008 respectively. During February, 2007, CPI, SPI & WPI increased by 1.04%, 0.09% and 0.51% over January, 2007 respectively. However, CPI, SPI & WPI in February, 2006 increased by 0.33%, 1.46% and 0.77% over January, 2006 respectively.

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