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Article: New Delhi, Oct 28 (PTI) Inflation shot up marginally to 4.71 per cent for week ended October 15 from 4.62 per cent in the previous week mainly due to increase in the prices of essential food, non-food, minerals and manufacturing items.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- October 28, 2005
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Spiralling prices of onion along with moderate rise in prices of other vegetables, fruits and edible oils due to festival demand burnt hole in the pocket of consumers. Minerals especially iron ore and zinc became costlier during the week while manufactured products like tractors, pumps, textiles, non-metallic minerals and Indian-made foreign spirit witnessed rise in prices.
All these factors contributed to the rise in inflation to 4.71 per cent during the October second week although it was still lower than 7.21 per cent a year ago.
Wholesale price index inched up by 0.3 per cent to 197.7 points for the week from 197.2 as primary articles became costlier ...