INDIA'S ANNUAL INFLATION RATE DROPS MARGINALLY
The Finance Ministry said India's
wholesale-price linked inflation rate dropped marginally to 5.3
pct in all fiscal 1986/87 ended March from 5.8 pct in 1985/86
and 7.1 pct in 1984/85.
    The average wholesale-price related inflation stood at 5.2
pct in March this year against 5.1 pct a year ago, the Ministry
said in a statement.
    It said wholesale prices of cement, textiles and jute fell
in 1986/87, compared with the previous year, but milk, cereals
(mainly wheat and rice), fruits and vegetables, edible oils,
tobacco and fertilisers were costlier in 1986/87.
 REUTER
