Thursday, April 23, 2009

Price Rises Surged Toward 0.26 Per Cent For The Week - April 23, 2009

The wholesale price index rose 0.26 per cent in the 12 months to April 11 as against the previous week''s annual rise of 0.18 per cent, government data showed on Thursday. However, the annual inflation rate was 7.95 per cent during the corresponding week of the previous year.

The WPI for primary articles shot up 0.5% to 248.9 (provisional) from 247.6 (provisional) for the last week. In line with this, the index for food articles group grew 0.5% to 246.8 (provisional) from 245.6 (provisional) for the last week due to higher prices of tea (5%), bajra and jowar (3% each), fruit & vegetables (2%) and mutton and maize (1% each). The index for fuel, power, light and lubricants remained unchanged at its previous week''s level of 322.6 (provisional).

No comments: