Inflation Falls Below 4%

The annual point-to-point rate of inflation fell below the 4 per cent mark for the first time in more than one-and-a-half years. The wholesale price index-based inflation touched 3.32 per cent mark for the week ending September 29. The sharp fall in the inflation level, from 4.86 per cent in the previous week was, however, mainly on account of the high base effect of last year