According to the recent data released by the commerce and industry ministry, the annual rate of inflation stood at 3.85 percent in the corresponding month of the previous year.

In August, the inflation rate in the country, which is based on the wholesale prices, continued to be in the negative territory. The figures are (-) 4.05 percent in July, whereas it came down to (-) 4.95 in August. Due to the fall in the fuel prices in the respective month, the inflation rate came down.

The above said 3.85 percent is taken from the official wholesale price index, which was released in the recent times.  

Further, a few of the mass consumption commodities continuously showed disappointing figures and needless to say, how viral, the onion prices issue went. Comparing to the previous year corresponding month, the onion prices went 65 percent high and however the pulses prices were dearer by 36 percent.

The prices of potatoes and other vegetables got reduced by 52 percent and 21 percent, respectively, when compared to the previous year.  
    
In fact, it is not only the vegetables, even the prices of the manufactured products category foods like sugar also came down.  

Finally, coming to the fuels, the index figures got down by 16.5 percent, where the petrol got cheaper by 13.26 percent and 24.54 percent is diesel figure.   
    
By Phani Ch