‘Inflation of 30 essential commodities marginally increased to 7.74%.’ Our Bureau New Delhi, Oct. 10 The annual Wholesale Price Index-based inflation rose 11.80 per cent during the week ended September 27, below the previous week’s annual rise of 11.99 per cent, data release by the Ministry of Commerce and Industry showed on Friday. Inflation during the corresponding period the previous year was, however, significantly lower at 3.36 per cent. Primary Articles During the latest reported week, the slide in the year-on-year inflation rate was on account of lower inflation among primary articles such as maize, gram, raw wool and cotton, tomatoes and onions, and manufactured products including cotton yarn, polyester staple fibre, groundnut and gingelly oil, pipes and tubes and cement. The official WPI for ‘All Commodities’ for the...
[read full story]