labels: economy - general
Inflation touches 6.73 per cent, despite anti-inflationary salvoes news
16 February 2007

New Delhi: The annual wholesale price index-based inflation has continued to rise and touched 6.73 per cent for the week ended 3 February, up from the previous week's 6.58 per cent mainly due to a rise in prices of pulses, cereals and vegetables within Primary Articles, apart from manufactured products including cement, steel and machinery items.

The Primary Articles group shot up 12.26 per cent year-on-year, with both the food and non-food article prices surging over 12 per cent each during the latest reported week.

Wheat prices shot up over 11 per cent, rice prices about five per cent and prices of pulses over 23 per cent. Fruits and vegetable prices were up 19 per cent, with prices of onions up 82 per cent. The heavyweight manufactured products group was up 6.37 per cent, with metals and metal product prices shooting up nearly 17 per cent.

 


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Inflation touches 6.73 per cent, despite anti-inflationary salvoes