Delhi: Inflation, based on the wholesale price index,
has again increased to 6.11 per cent for the week closing
20 January, as compared to 5.95 per cent during the previous
week. Although, inflation had touched 6.12 per cent during
the week ending 6 January, this fiscal it had come down
to 5.95 per cent in the following week.
released by the government today revealed that index of
food articles, which severely affects the common-man,
rose by 0.4 per cent to 214.6 per cent due to higher prices
of eggs, condiments and spices (4 per cent each), pulses
like arhar (2 per cent), moong and masur (1 per cent).
The prices of fruits and vegetables, besides maize and
fish-marine also increased by one per cent.
sharp increase in prices of food articles including pulses
like arhar and moong, fruits, vegetables, eggs, textile,
wool, sugarcane coupled with the prices of metal and paper
products have led to the increase in overall inflation.
cut in customs duty on edible oil, cement and other manufacturing
products, along with the RBI's decision to tighten the
liquidity in the market announced on 31 January, will
take some time to dampen the rising prices due to a time
lag factor, said government officials.
wholesale price index for all commodities for the week
ended January 20, 2007, rose by 0.1 per cent to 208.5
from 208.3 for the previous week.
inflation was just 3.86 per cent during the week ended
January 7, 2006, and 4.24 per cent as on 21 January, last