Inflation dips further to 3.79%

India’s  inflation rate dipped to 3.79% for the week ended August 25, compared to 3.94%, in the previous week. The inflation rate was at 5.27% in the corresponding week previous year.

Reserve Bank of India in its annual report released on August 30, stated that a series of timely measures undertaken by the central bank and other responses to prices made by the Government helped to contain inflation levels.

Inflation is at its lowest level since it hit 3.7% in the week ended Apr. 15, 2006.