Primary inflation declines to 0.1 percent as per new monitoring mechanism

Posted By: Staff
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New Delhi, November 5 (ANI): The government has introduced a new mechanism for monitoring the wholesale price movement, under which the inflation of primary articles including food grains, pulses and vegetables declined to 0.11 percent during the week ending October 24.

As per the new system, the weekly wholesale price index data would cover only primary articles and commodities in the broad group- fuel, power, light and lubricants, an official statement said.

Besides, the monthly price index covering all the commodities for October would be released on November 12, in accordance with the decision taken by the Cabinet Committee of Economic Affairs as per the official statement.

As per the data, the inflation for fuel, power, light and lubricants would remain unchanged at 6.2 percent. (ANI)

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