GOVERNMENT OF INDIA

MINISTRY OF FINANCE

LOK SABHA

STARRED QUESTION NO: 22

ANSWERED ON:03.07.2009

INFLATION

(a) whether the rate of inflation has gone in negative in the month of June, 2009, in the country;

(b) if so, the details thereof;

(c) whether inflation in India is measured by the Wholesale Price Index (WPI) and not the Consumer Price Index;

(d) if so, the reasons therefor;

(e) whether retail prices of sugar, tea, pulses, cereals, etc. have gone up steeply during the last few months in spite of WPI going down;

(f) if so, the details thereof; and

(g) the reasons for variation in the prices during these months and the reaction of the Government thereon?

ANSWER

MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI PRANAB MUKHERJKE)

(a) to (g): A statement is placed on the Table of the House.