New Delhi, Dec 14: The annual rate of inflation, based on monthly Wholesale Price Index (WPI),
stood at 3.93 per cent (provisional) for the month of November, 2017 (over
November, 2016) as compared to 3.59 per cent (provisional) for the previous month
and 1.82 per cent during the corresponding month of the previous year.
According to the data released by the Ministry of Commerce
and Industry on Thursday, build up inflation rate in the financial year so far
was 2.74 per cent compared to a build up rate of 3.90 per cent in the
corresponding period of the previous year The data shows that the index for this major group rose by
1.6 percent to 135.6 (provisional) from 133.4 (provisional) for the previous
month. The groups and items which showed variations during the month are as
follows:-
The index for ‘Food Articles’ group rose by 1.8 percent to 150.6 (provisional) from 148.0 (provisional) for the previous month due to higher price of betel leaves (12 per cent), egg (11 per cent), fruits & vegetables (7 per cent) and fish-marine, beef & buffalo meat, pork, condiments & spices and wheat (1 per cent each).
However, the price of ragi and gram (7 per cent each), maize and jowar (4 per cent each), urad and rajma (3 per cent each), arhar, peas/chawali, masur, bajra and moong (2 per cent each) and poultry chicken and barley (1 per cent each) declined.
The index for ‘Non-Food Articles’ group declined by 1.9 percent to 116.9 (provisional) from 119.2 (provisional) for the previous month due to lower price of tanning materials (35 per cent), fodder (10 per cent), raw rubber, raw silk and raw jute (4 per cent each), skins (raw), castor seed and soyabean (3 per cent each), mesta and coir fibre (2 per cent each) and safflower (kardi seed), guar seed and hides (raw) (1 per cent each).
However, the price of copra (coconut) (3 per cent), raw wool, floriculture, cotton seed and gingelly seed (2 per cent each) and rape & mustard seed and raw cotton (1 per cent each) moved up. UNI
The index for ‘Food Articles’ group rose by 1.8 percent to 150.6 (provisional) from 148.0 (provisional) for the previous month due to higher price of betel leaves (12 per cent), egg (11 per cent), fruits & vegetables (7 per cent) and fish-marine, beef & buffalo meat, pork, condiments & spices and wheat (1 per cent each).
However, the price of ragi and gram (7 per cent each), maize and jowar (4 per cent each), urad and rajma (3 per cent each), arhar, peas/chawali, masur, bajra and moong (2 per cent each) and poultry chicken and barley (1 per cent each) declined.
The index for ‘Non-Food Articles’ group declined by 1.9 percent to 116.9 (provisional) from 119.2 (provisional) for the previous month due to lower price of tanning materials (35 per cent), fodder (10 per cent), raw rubber, raw silk and raw jute (4 per cent each), skins (raw), castor seed and soyabean (3 per cent each), mesta and coir fibre (2 per cent each) and safflower (kardi seed), guar seed and hides (raw) (1 per cent each).
However, the price of copra (coconut) (3 per cent), raw wool, floriculture, cotton seed and gingelly seed (2 per cent each) and rape & mustard seed and raw cotton (1 per cent each) moved up. UNI
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