Build up inflation rate in the financial year so far was 5.70% compared to a build up rate of 5.65% in the corresponding period of the previous year.

The index for primary articles group rose by 0.7 percent to 240.2 from 238.6 for the previous month.

The index for ‘Non-Food Articles’ group declined by 0.1 percent to 217.2 from 217.4 for the previous month due to lower price of flowers (8%), guar seed (6%), raw silk (5%), raw cotton (4%), cotton seed   (3%), sunflower (2%) and  raw jute, mesta and safflower (kardi seed) (1% each).

The index for ‘Food Products’ group rose by 0.3 percent to 168.7 from 168.2 for the previous month due to higher price of tea dust (blended) (3%), rice bran oil (2%) and mustard & rapeseed oil,     sunflower oil, gur, sugar and gola (cattle feed) (1% each).  However, the price of coffee powder (2%), tea leaf (unblended) and cotton seed oil (2% each) and groundnut oil, oil cakes and processed prawn (1% each) declined.
For the month of January, 2014, the final Wholesale Price Index for ‘All Commodities’ stood at 179.1 as compared to 178.9 and annual rate of inflation based on final index stood at 5.17 percent as compared to 5.05 percent respectively as reported on February 14.