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Inflation drops to 4.26%

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Our Bureau New Delhi
Last Updated : Feb 06 2013 | 7:21 PM IST
The annual rate of inflation, calculated on point to point basis, stood at 4.26 percent (Provisional) as against 4.40 percent (Provisional) for the previous week and 6.70 percent during the corresponding week of the last year.
 
The movement of the index for the various commodity groups is summarized below:-
 
1.PRIMARY ARTICLES
 
The index for this major group rose by 0.6 percent to 184.3 (Provisional) from 183.2 (Provisional) for the previous week.
 
The groups and items for which the index showed variations during the week are as follows:-
 
The index for 'Food Articles' group rose by 1.0 percent to 183.2 (Provisional) from 181.4 (Provisional) for the previous week due to higher prices of fish-marine and mutton (4% each), fruits & vegetables, jowar and eggs (3% each), fish-inland (2%) and maize, ragi and gram (1% each). However, the prices of poultry chicken (5%) and bajra, arhar and urad (1% each) declined.
 
The index for 'Non-Food Articles' group declined by 0.3 percent to 190.0 (Provisional) from 190.5 (Provisional) for the previous week due to lower prices of soyabean (4%), rape & mustard seed (3%), castor seed (2%) and copra and raw silk (1% each). However, the prices of coir fibre (5%) and raw jute and groundnut seed (1% each) moved up.
 
2. FUEL, POWER, LIGHT & LUBRICANTS
 
The index for this major group remained unchanged at its previous week's level of 263.6 (Provisional)
 
3. MANUFACTURED PRODUCTS
 
The index for this major group rose by 0.3 percent to 161.6 (Provisional) from 161.1 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-
 
The index for ' Food Products ' group rose by 1.4 percent to 174.7 (Provisional) from 172.3 (Provisional) for the previous week due to higher prices of oil cakes (8%), gur (4 %), khandsari (3%) and gingelly oil, sugar and ghee (1% each). However, the prices of rape & mustard oil (3%) and cotton seed oil, processed tea and sunflower oil (1% each) declined.
 
The index for 'Beverages Tobacco & Tobacco Products' group rose marginally to 208.4 (Provisional) from 208.3 (Provisional) for the previous week due to higher prices of zerda (2%).
 
The index for 'Textiles' group declined by 0.6 percent to 137.1 (Provisional) from 137.9 (Provisional) for the previous week due to lower prices of cotton yarn-'hanks (3%), hessian & sacking bags (2%) and hessian cloth (1%). However, the prices of mixed fabrics (9 %) moved up.
The index for 'Rubber & Plastic Products' group rose by 0.2 percent to 136.2 (Provisional) from 135.9 (Provisional) for the previous week due to higher prices of giant tubes (13%).

The index for 'Basic Metals Alloys & Metal Products' group rose by 0.6 percent to 183.5 (Provisional) from 182.4 (Provisional) for the previous week due to higher prices of ordinary casting (26%).

The index for 'Machinery & Machine Tools' group declined by 0.1 percent to 133.8 (Provisional) from 134.0 (Provisional) for the previous week due to lower prices of electronic ic's (6%), semi conductors (2%) and ball bearings (1%). However, the prices of mono block pumps (3%) moved up.
 
The index for 'Transport Equipment & Parts' group rose by 0.1 percent to149.7 (Provisional) from 149.5 (Provisional) for the previous week due to higher prices of other automobile spare parts (2%).
 
4. FINAL INDEX FOR THE WEEK ENDED 28th February 2004
 
For the week ended 28/02/2004 the final wholesale price index for 'All Commodities'(Base:1993-94=100) stood at 179.8 as against 180.0 (Provisional)and annual rate of inflation based on final index, calculated on point to point basis, stood at 5.21 percent as against 5.32 percent (Provisional) respectively given earlier vide press note dated 12/03/2004.
 
Next date of press release : 14th May, 2004 for the week ending 1st May, 2004

 
 

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First Published: May 12 2004 | 12:00 AM IST

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