New Delhi: There is good news on inflation front as wholesale price index based inflation was unchanged at 3.07 per cent during the week ended October 13, unchanged from the previous week.
Even though there was a rise in prices of food products and some manufactured items, the inflation stood way below the projection figure of close to 5 per cent.
At the same time last year, the inflation stood at 5.46 per cent.
Even though food articles like fruits and vegetables, pulses, eggs meat and fish became expensive during the period, reduction was seen in the prices of manufactured food articles like wheat and flour.
Hailing Securities and Exchange Board of India (SEBI) new guidelines for bringing more transparency in the market, Finance Minister P Chidambarm on Friday advised a wait and watch policy on the outcome of these guidelines.
“Sebi measures will ensure better transparency. We want to moderate capital inflows. We will wait to see the impact of Sebi,” he said.
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