Inflation reverses from the falling streak in past few weeks and rose to 10.72 per cent for the week ended October 25 on account of higher prices of cereals and vegetables. The annual rate of inflation, measured by movement in the wholesale prices, was 10.68 per cent a week ago.The annual rate of inflation stood at 3.11 per cent a year ago. After declining for five consecutive weeks, the inflation showed a marginal increase as certain essential items like butter in the manufactured category became expensive.
Among other articles in the manufactured group, prices of gur increased, while woolen clothes became expensive by one per cent.Further, prices of automobiles, including motorcycle and autorickshaw, increased in the last week.However, spices and cement prices showed a decline. Steel and fuel prices remained unchanged.The revised figure for inflation stood at 12.38 per cent for the week ended August 30 as against 12.10 per cent during the corresponding period last year.
Among other articles in the manufactured group, prices of gur increased, while woolen clothes became expensive by one per cent.Further, prices of automobiles, including motorcycle and autorickshaw, increased in the last week.However, spices and cement prices showed a decline. Steel and fuel prices remained unchanged.The revised figure for inflation stood at 12.38 per cent for the week ended August 30 as against 12.10 per cent during the corresponding period last year.
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