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India's annual inflation rate rises to 0.92 per cent

India's annual rate of inflation based on wholesale prices rose marginally to 0.92 per cent for the week ended Oct 3 from 0.7 per cent for the like week of the previous year.

Updated on: Oct 15, 2009 2:07 PM IST
IANS | By , New Delhi
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India's annual rate of inflation based on wholesale prices rose marginally to 0.92 per cent for the week ended Oct 3 from 0.7 per cent for the like week of the previous year.

HT Image
HT Image

The official wholesale price index, as per the latest data, declined 0.5 percent during the week ended Oct 3 due to a fall of 1.4 percent in the index for primary articles, 0.1 per cent for fuels and 0.2 per cent for manufactured products.

Within primary articles, the prices of fruits and vegetables fell eight per cent, maize by three per cent, bajra two per cent and tur dal one per cent. Prices of mutton were higher two per cent, while milk and urad dal became dearer by one per cent each, showed the date released by the industry ministry.

Over a 52-week period ended Oct 3, the wholesale prices are up nearly 24 per cent for onions, 17.79 per cent for potatoes, 21.11 per cent for vegetables, 15.6 per cent for rice, 15.71 per cent for pulses.

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News/Business/India's Annual Inflation Rate Rises To 0.92 Per Cent