Inflation Again raised

After five-week downward trend in inflation, the inflation rate rose slightly to 10.72% for the week ended 25 October. It stood at 10.68% during the previous week.
The wholesale price index (WPI) for all commodities showed an increase of 0.1%, with the index for primary articles rose by 0.4%, according to a government statement released here today. The index for food articles rose 0.4% due to the higher prices of rice (3%), and urad and tea (2%).
The index for non-food articles rose 0.8% due to higher prices of rubber (up 7%) and raw cotton (3%). The index for fuel, power, light and lubricants remained unchanged at the previous week’s level of 369, while that for manufactured products declined marginally by 0.1% to 205.3 from 205.4 for the previous week.

1 comments:

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