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Sify Home >> Finance >> Economy >> Negative inflation again! How it affects you

Negative inflation again! How it affects you

How deflation affects us

In negative zone

Inflation dipped to minus 1.55 per cent for the week ended June 27, 2009 from -1.30 per cent in the previous week.

The fall in inflation has been reported despite increase in the prices of food items like pulses, fish marine, fruit and vegetables.

During the week, prices of fish marine were dearer by 10 per cent, arhar, fruit and vegetables by two per cent each and urad and moong by one per cent each.

However, prices of cast iron casting, steel ingots and other metal products and some chemical items got cheaper.

Image courtesy: AFP / Getty

Also see: Inflation rate at -1.55%




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