labels: economy - general
Inflation rises news
03 December 2005

New Delhi: The annual wholesale price index-based inflation rose 4.32 per cent during the week ended November 19, up from the previous week's annual rise of 4.20 per cent.

The increase in inflation was largely on account of higher prices of tobacco, chemical products and textiles, according to data released by the Ministry of Commerce and Industry.

During the latest reported week, the WPI ended at 198.1 points, from 198.6 points a week ago. WPI was at 189.9 points a year ago. Inflation was at 7.23 per cent during the corresponding week of the previous year.

A one per cent fall in the prices of naphtha and furnace oil pushed down the fuel, power, light and lubricants group index by 0.1 per cent to 312.1 points. But bitumen became costlier by one per cent. The manufactured products group index stood firm at the previous week's level of 172.7 points despite fall in the prices of food, wood, non-metallic mineral and metal products. Among the Primary Articles group, the food article's group was down 1.1 per cent to 199.5 points due to lower prices of vegetables (10.4 per cent), masur, tea and fish-marine (two per cent each). However, prices moved up for eggs (seven per cent), ragi and moong (three per cent each), poultry chicken and bajra (two per cent each) and urad, gram, condiments and spices and barley (one per cent each).



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Inflation rises