|
|
Article: New Delhi, Oct 14 (PTI) Surge in prices of vegetables, edible oil along with other food items, industrial fuels and manufactured products pushed up inflation to 4.24 per cent during week ended October 1 from 3.97 per cent a week ago.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- October 14, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The delayed impact of fuel price hike, festival demands and seasonal factors may have led to rise in inflation to over 4 per cent for the week, although it was still lower than 7.15 per cent a year ago.
With the "base year effect" subsiding, the wholesale prices have started increasing since last month. Wholesale Price Index rose by 0.2 per cent to 196.9 points during the week from 196.5 a week ago and 188.9 a year ago.
The rise in domestic inflation coincided with high global crude prices at about 67 dollar on fears of refinery shut down in US and France during the September end.
The government revised upward the inflation figure to 3.78 per ...