Inflation rises to 3.21% due to hike in food

By Staff
|
Google Oneindia News

New Delhi, Nov 30 (UNI) Inflation rate for the week ended November 17 rose 3.21 per cent as against 3.01 per cent last week on account of higher food and non-food articles.

The annual inflation rate was 5.56 per cent during the corresponding week of the previous year, an official statement said here today.

The wholesale price index (WPI) for 'All Commodities' for the week ended November 10, rose by 0.1 per cent to 215.7 (Provisional) from 215.4 (Provisional) for the previous week.

The index for primary articles rose by 0.4 per cent to 224.3 (Provisional) from 223.3 (Provisionl) for the previous week.

The index for 'Food Articles' group rose by 0.5 per cent to 224.2 (Provisional) from 223.1 (Provisional) for the previous week due to higher prices of bajra (six per cent), jowar and fish marine (two per cent each) and fruits and vegetables, condiments and spices, arhar and pork (one per cent each).

However, the price of ragi, maize, urad and moong (two per cent each) and gram (one per cent) declined.

The index for 'Non-Food Articles' group rose by 0.3 per cent to 208.6 (Provisional) from 207.9 (Provisional) for the previous week due to higher prices of niger seed (three per cent) soyabean (two per cent) and rape and mustard seed, copra, groundnut seed and linseed (one per cent each).

However, the prices of raw silk (two per cent) declined.

The index for 'Fuel, Power, Light and Lubricants' group rose by 0.1 per cent to 326.1 (Provisional) from 325.7 (Provisional) for the previous week due to higher prices of furnace oil (two per cent) MORE UNI

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