The annual Wholesale Price Index-based inflation increased 12.34 per cent during the week ended August 23, slightly below the previous week''s annual increase of 12.40 per cent due to lower prices of mainly food products, government data displayed. During the latest reported week, the WPI increased slightly to 240.3 points from 240.2 points for the previous week. The annual rate of inflation was registered at 3.94 per cent during the corresponding week a year ago. On a disaggregated basis, the Primary Articles group index fell by 0.4 per cent as the index for the Food Articles group fell by 0.8 per cent due to lower prices of fish-marine (13 per cent), fruits and vegetables (2 per cent) and jowar, arhar and urad (1 per cent each
The index for Non-Food Articles'' group increased by 0.4 per cent due to higher prices of raw silk, raw cotton and copra. However, the prices of castor seed and raw rubber fell. The annual rate of inflation, accounted on point to point basis, for Primary Articles was at 10.79 per cent for the latest reported week, as against 8.46 per cent during the previous reported week. The annual rate of inflation for the Food Articles group was registered at 6.04 per cent, way below the 7.77 per cent reported a year ago. The fuel, power, light and lubricants group index remained unchanged at its previous week''s level. The Manufactured Products group index increased by 0.2 per cent as the index for the food products group increased by 0.2 per cent due to higher prices of imported edible oil and oilcakes. However, the prices of rice bran oil and cottonseed oil and rape and mustard oil fell. For the week ended June 28, the final WPI stood revised to 238.4 points, as compared to 238.1 points calculated provisionally, and the annual rate of inflation based on final index, calculated on point to point basis, was at 12.03 per cent as compared to 11.89 per cent points reported earlier
The index for Non-Food Articles'' group increased by 0.4 per cent due to higher prices of raw silk, raw cotton and copra. However, the prices of castor seed and raw rubber fell. The annual rate of inflation, accounted on point to point basis, for Primary Articles was at 10.79 per cent for the latest reported week, as against 8.46 per cent during the previous reported week. The annual rate of inflation for the Food Articles group was registered at 6.04 per cent, way below the 7.77 per cent reported a year ago. The fuel, power, light and lubricants group index remained unchanged at its previous week''s level. The Manufactured Products group index increased by 0.2 per cent as the index for the food products group increased by 0.2 per cent due to higher prices of imported edible oil and oilcakes. However, the prices of rice bran oil and cottonseed oil and rape and mustard oil fell. For the week ended June 28, the final WPI stood revised to 238.4 points, as compared to 238.1 points calculated provisionally, and the annual rate of inflation based on final index, calculated on point to point basis, was at 12.03 per cent as compared to 11.89 per cent points reported earlier
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