Inflation dips to 3.26 per cent on mineral

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New Delhi, Oct 14: Inflation rate for the week ending September 29 eased to 3.26 per cent as against the previous week's 3.42 per cent, due to decline in prices of minerals.

The annual inflation rate was 5.41 per cent during the corresponding week of the previous year, an official statement said. The wholesale price index (WPI) for all commodities for the week ended September 29 rose by 0.05 per cent to 215.1 from 215.0 for the previous week.

The index for primary 'Food Articles' rose by 0.2 per cent to 225.8 from 225.4 for the previous week due to higher prices of fish-marine (two per cent) and ragi, eggs and barley (one per cent each).

However, the prices of tea (four per cent) and moong and urad (one per cent each) declined. The index for the 'Non food articles' group rose by 0.1 per cent to 211.7 (Provisional) from 211.4 (Provisional) for the previous week due to higher prices of mesta (15 per cent), soyabean and fodder (three per cent), raw rubber (two per cent) and castor seed (one per cent).

However, the prices of raw tobacco (two per cent) and copra, raw jute and gingelly seed (one per cent each) declined.

The index for 'Minerals' group declined by 1.8 per cent to 429.8(Provisional) from 437.6 (Provisional) for the previous week due to lower prices of barytes(10 per cent), steatite (five per cent), iron ore (three per cent) and phosphorite(two per cent).

However, the prices of magnesite (91 per cent), fluorite (62 per cent), fire clay (52 per cent) and ochre (23 per cent) moved up.

The index for 'Manufactured products' group rose by 0.1 per cent to 187.4 (Provisional) from 187.2 (Provisional) for the previous week.

The index for 'Food products' group rose by 0.1 per cent to 189.3 (Provisional) from 189.2 (Provisional) for the previous week due to higher prices of gur (two per cent) and soya bean oil (one per cent).

However, the prices of coconut oil nad gingelly oil (one per cent each) declined.

The index for 'Textiles' group declined by 0.1 per cent to 132.8 (Provisional) from 132.9 (Provisional) for the previous week due to lower prices of hessian cloth (two per cent) and hessian and sacking bags (one per cent).

The index for 'Chemicals and Chemical Products' group rose by 0.2 per cent to 203.9 (Provisional) from 203.4 (Provisional) for the previous week due to higher prices of acid (all kinds) (eight per cent).

The index for 'Non-Metallic Mineral Products' group rose by 0.2 per cent to 207.4 (Provisional) from 207.0 (Provisional) for the previous week due to higher prices of electrodes(three per cent).

The index for 'Basic Metals Alloys and Metal Products' group rose by 0.1 per cent to 247.3 (Provisional) from 247.0 (Provisional) for the previous week due to higher prices of zinc (seven per cent), ms bars and rounds (five per cent), lead ingots (four per cent) and zinc ingots and bolts and nuts (two per cent each).

However, the prices of pipes and tubes (one per cent) declined.

The index for 'Machinery and Machine Tools' group rose by 0.1 per cent to 166.3 (Provisional) from 166.1 (Provisional) for the previous week due to higher prices of agricultural implements (10 per cent).

The index for 'Transport Equipment and Parts' group rose by 0.1 per cent to 165.1 (Provisional) from 164.9 (Provisional) for the previous week due to higher prices of springs (eight per cent).


UNI

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