Inflation at 6.84 pc in February
New Delhi, Mar 14: The annual rate of inflation, based on monthly WPI, stood at 6.84 per cent (Provisional) for the month of February, 2013 (over February, 2012) as compared to 6.62 per cent (Provisional) for the previous month and 7.56 per cent in the corresponding month of the previous year.
According to official data released here today, build up inflation in the financial year so far was 5.71 per cent compared to a build up of 6.56 per cent in the
corresponding period of the previous year.
The index for the major group primary commodities rose
by 0.6 per cent.
The index for 'Food Articles' group rose by 0.2 per cent due to higher prices of masur(8%),ragi (7%),poultry
chicken(6%),fish-inland(4%),jowar (3%),urad,condiments & spices, barley,fish-marine, arhar and rice (2% each) and egg, mutton, maize and wheat (1% each). However, the prices of gram (7%),coffee (6%) and fruits & vegetables and tea (2% each) declined.
The index for 'Non-Food Articles' group rose by 1.6 per cent due to higher prices of flowers (20%), raw jute (9%), fodder (7%), guar seed (6%), mesta (5%), raw cotton (4%), logs & timber (3%),groundnut seed (2%) and soyabean (1%). However, the prices of rape and mustard seed (6 %), raw silk (5%), copra, castor seed and raw rubber (3% each), sunflower, gingelly seed and cotton seed (2% each) and coir fibre (1%) declined.
The index for 'Minerals' group rose by 0.9 per cent (provisional) due to higher prices of copper ore (14%), barytes (11%), magnesite and steatite (7% each), zinc concentrate and dolomite (5% each) and crude petroleum (2%). However, the prices of iron ore (5%) declined.
The index for the major group fuel and power rose by 3.0 per cent due to higher prices of lpg (21%), furnace oil (7%), lubricants (5%), high speed diesel (4%), light diesel oil and bitumen (3% each), petrol and aviation turbine fuel (2% each) and kerosene (1%).
The index for the major group manufacturing declined by 0.1 per cent.
For the month of December,2012, the final Wholesale Price Index for a€˜All Commodities (Base: 2004-05=100) stood at 168.8 as compared to 168.6 (provisional) and annual rate of inflation based on final index stood at 7.31 per cent as compared to 7.18 per cent respectively as reported in the January 14, 2014 index.