India’s annual rate of inflation, which had been easing for five consecutive weeks, rose slightly to 10.72 % for the week ended Oct 25, from 10.68 percent the week before, data released on Thursday showed.
The wholesale price index (WPI) for all commodities released by the ministry of commerce and industry showed an increase of 0.1 %, with the index for primary articles rising 0.4 %. The index for food articles rose 0.4 % due to the higher prices of rice (3 %), and urad and tea (2 % each).
The index for non-food articles rose 0.8 % due to higher prices of rubber (up 7 %) and raw cotton (3 %).
The index for fuel, power, light and lubricants remain unchanged at the previous week’s level of 369, while that for manufactured products declined marginally by 0.1 % to 205.3 from 205.4 for the previous week. Both figures are provisional.
The annual rate of inflation based on the final index, calculated on point-to-pt basis, stood at 12.38 % for the week ended Aug 30, as compared to the provisional 12.1 %.
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