New Delhi: Rise
in the prices of petroleum products pushed up the annual
wholesale price index-based inflation (WPI) rate up to
7.76 per cent for the week ended November 6.
The
year-on-year inflation index rose from the previous week''s
level of 7.06 per cent, even as there was a decline in
the prices of primary and manufactured products, according
to the data released by the ministry of commerce and industry
on Friday.
According
to the WPI data, the index was up 0.4 per cent to 190.3
points, despite cheaper non-food articles and some of
the manufactured products, mainly food items.
The
index of the primary articles'' group fell by 0.3 per cent
to 192.4 points, even as food articles became costlier.
Besides
costlier transport fuels and cooking gas, there was a
4 per cent hike in the price of furnace oil, which pushed
up substantially the fuel, power, lights and lubricants''
group index by over 3 per cent to 291.3 points.
The
manufactured products'' group index, however, fell by 0.3
per cent to 167.1 points due to cheaper food products,
wood, chemicals, non-metallic minerals, and basic metals.
Among
the primary articles'' group, the food articles'' group
index rose by 0.2 per cent to 192.3 due to higher prices
of beef and buffalo meat (8 per cent), poultry chicken
(5 per cent), barley (2 per cent) and moong and ragi (1
per cent each).
Prices,
however, fell in the case of arhar and bajra (2 per cent
each) and maize and condiments and spices (1 per cent
each).
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