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Annual Rate Of Inflation Stood At 2.38% For September Month

Build up inflation rate in the financial year so far was 2.61% compared to a build up rate of 6.23% in the corresponding period of the previous year.

Official Wholesale Price Index for ‘All Commodities’ for the month of September declined by 0.4 percent to 185.0 from 185.7 for the previous month.

The index for 'Food Articles' group declined by 1.4 percent to 261.8 from 265.4 for the previous month due to lower price of tea and fruits & vegetables (5% each), maize (4%), poultry chicken and fish-marine (3% each) and condiments & spices, jowar, pork and moong (1% each).  However, the price of egg and coffee (4% each), fish-inland and barley (3% each), masur and arhar (2% each) and rice, bajra, gram, ragi and urad (1% each) moved up.

The index for 'Non-Food Articles' group declined by 2.0 percent to 214.3 from 218.7 for the previous month due to lower price of flowers (17%), safflower (kardi seed) (16%), soyabean (13%), raw rubber (8%), gingelly seed (5%), mesta, copra (coconut) and raw cotton (3% each), linseed and castor seed (2% each) and coir fibre (1%).  However, the price of fodder (8%), groundnut seed (6%), guar seed (5%), niger seed (4%) and raw silk (1%) moved up.