New
Delhi: Cheaper primary articles, including food and non-food items, and
cooking gas pushed inflation further down to 5.11 per cent during the week
ended March 19. The
point-to-point 'wholesale price index' (WPI) inflation fell by 0.12 per cent
from the previous week's level of 5.23 per cent despite costlier vegetables.
It stood at 4.53 per cent in the year-ago period.
The WPI, however, stood unchanged at the previous week's level of 189.1 points
with heavy-weighted manufactured items becoming costlier. It was 179.9 points
in the year-ago period.
Government revised upwards inflation to 5.43 per cent during the week ended
January 22 as against the provisional estimate of 5.37 per cent. WPI stood
corrected at 188.5 points during the third week of January as against provisional
figure of 188.4 points. After
remaining unchanged in the previous two weeks, the index for Fuel, Power,
Light and Lubricants' group declined by 0.7 per cent to 287 points mainly
due to six per cent fall in the prices of LPG and two per cent for bitumen
even as prices rose for lubricants (five per cent) and naphtha (four per cent).
The index was 262.6 points in the year-ago period. Manufactured
Products' group index was up 0.2 per cent to 168.6 points due to costlier
beverages, tobacco, textiles, paper, chemicals,
basic metals, machinery and transport parts. The index was 161.2 points in
the previous year period.
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