Build up inflation rate in the financial year so far was 0.22% compared to a build up rate of 0.71% in the corresponding period of the previous year.
The index for 'Food Articles' group rose by 1.5 percent to 238.8 from 235.3 for the previous month due to higher price of tea (12%), fruits and vegetables and poultry chicken (7% each), masur and moong (3% each), pork (2%) and ragi, jowar, rice, mutton, bajra and condiments and spices (1% each). However, the price of egg (10%), fish-inland (5%), barley (4%), wheat (2%) and fish-marine and maize (1% each) declined.
The index for 'Non-Food Articles' group declined by 0.4 percent to 216.3 from 217.2 for the previous month due to lower price of fodder (6%), raw rubber (4%), raw silk (3%), castor seed, raw cotton and flowers (2 % each) and rape and mustard seed, guar seed, cotton seed and sunflower (1% each). However, the price of copra (coconut) (14%), niger seed and raw jute (3% each), soyabean (2%) and groundnut seed and logs and timber (1% each) moved up.
For the month of February, 2014, the final Wholesale Price Index for ‘All Commodities’ stood at 179.5 as compared to 178.9 and annual rate of inflation based on final index stood at 5.03 percent as compared to 4.68 percent respectively as reported on March 14.
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