Inflation rate rises marginally, touches 10.72%
Inflation rate rises marginally, touches 10.72%
UPA Government expected figure to reduce this week.

New Delhi: India's annual rate of inflation, which had been easing for five consecutive weeks, rose slightly to 10.72 per cent for the week ended October 25, from 10.68 per cent the week before, data released on Thursday showed.

The wholesale price index (WPI) for all commodities released by the ministry of commerce and industry showed an increase of 0.1 per cent, with the index for primary articles rising 0.4 per cent. The index for food articles rose 0.4 per cent due to the higher prices of rice (3 per cent), and urad and tea (2 per cent each).

The index for non-food articles rose 0.8 per cent due to higher prices of rubber (up 7 per cent) and raw cotton (3 per cent).

The index for fuel, power, light and lubricants remain unchanged at the previous week's level of 369, while that for manufactured products declined marginally by 0.1 per cent to 205.3 from 205.4 for the previous week. Both figures are provisional.

The annual rate of inflation based on the final index, calculated on point-to-point basis, stood at 12.38 per cent for the week ended Aug 30, as compared to the provisional 12.1 per cent.

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