Once again there is a good news for the common man or aam admi of the UPA Government. The inflation of Indian economy drops down again and this time it is down to more than a 6 year low of 2.43% for the week ended February 28 against 3.03% in the previous week mainly on account of a fall in prices of manufactured products and some food items, justifying the Reserve Bank’s rate cuts.

The wholesale price index was at 6.21 per cent during the corresponding week one year ago.

During the week, prices of steel ingots, batteries and nylon yarn declined. The prices of maize, arhar and moong declined by 1 per cent each. Well, but the prices of fuel remained unchanged at the previous week’s level.