Inflation stays static, but still over 7.1%

Inflation stood firm despite the twin tranche of hike in CRR to 5 per cent. Though rate of inflation remained static, certain commodities like vegetables and fruits became cheaper. WPI during the week rose by 0.1 per cent to 188.6 points due to rise in prices of fuel by 0.2 per cent and manufactured products by 0.1 per cent. The index for primary articles, however, declined by 0.3 per cent.