Inflation rate dips to 4.39% from 5.07%

India's inflation rate decreases 4.39 per cent for the weekended Jan 31 from 5.07 per cent in previous week.

The inflation rate, based on the official wholesale price index (WIP) stood at 4.74 percent for the corresponding week of the previous fiscal.The cut in the flue price by the government of India helped to down the inflation rate.

This is the second consecutive fall in the inflation. The index for primary articles fell 0.2 percent, that for manufacturing also declined 0.1 percent.