“ as was recorded in the week ending October 19, 2002. WPI for all commodities has declined to 227.6, a level lower than at the beginning of the current financial year.
Commodity group wise examination shows decline in primary and manufactured products categories. The details are as under:
i. against 7.3 per cent in the previous week. In ‘primary food articles’, inflation declined to 8.3 per cent as compared to 9.9 per cent last week. In ‘non-food articles’, inflation fell to 1.7 per cent compared to 2.9 per cent in the previous week, while in ‘minerals’, inflation remained stable at (-) 1.2 per cent.
Inflation in the food index (wt = 25.43 per cent) for the week ended was lower at 7.7 per cent compared to 8.6 per cent last week, due to decline in the rate of inflation of rice, wheat, pulses, vegetables and edible oils. However, current sugar inflation recorded a higher rate of 23.1 per cent.
Monthly WPI inflation for January 2009 recorded 5.2 per cent (provisional) which is lower than the inflation of CPI-IW (10.5 per cent), CPI-AL (11.6 per cent) and CPI-RL (11.4 per cent). CPI inflation is expected to come down in the next few months due to declining trend in the WPI food items.â€
BY/SS/GN-85/09