Chicken prices push inflation to 3.59 pc
Chicken prices push inflation to 3.59 pc
The annual rate of inflation increased to 3.59 per cent for the week ended April 29.

New Delhi: The annual rate of inflation increased to 3.59 per cent for the week ended April 29, as against 3.54 per cent during the previous week due to higher prices of chicken, eggs, zinc and cement.

The inflation rate, calculated on point-to-point basis, stood at 5.67 per cent during the corresponding week of the previous year, according to official figures.

The Wholesale Price Index (WPI) for all commodities for the week ended April 29, rose by 0.1 per cent to 199.0 from 198.8 for the previous week.

The index for the Primary Articles group rose by 0.4 per cent to 195.4 from 194.7 for the previous week.

The index for Food Articles group rose by 0.5 per cent to 198.2 from 197.3 for the previous week due to higher prices of poultry chicken (14 per cent), eggs (6 per cent), barley (3 per cent), wheat (2 per cent) and urad, fruits and vegetables and gram (1 per cent each).

However, the prices of tea (9 per cent), moong and jowar (2 per cent each) and pork, arhar and ragi (1 per cent each) declined.

The index for Non-Food Articles group rose by 0.1 per cent to 176.6 from 176.5 for the previous week due to higher prices of cotton seed (2 per cent) and copra, raw cotton and groundnut seed (1 per cent each).

However, the prices of coir fibre (20 per cent), fodder (7 per cent), raw silk (3 per cent), raw jute (2 per cent) and niger seed (1 per cent) declined.

What's your reaction?

Comments

https://shivann.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!