The Hindu Business Line : Inflation rises marginally to 4.33 pc

The rise in inflation is mainly due to higher prices of eggs, fruits and vegetables, according to data released by the Ministry of Commerce and Industry today.

Inflation was 6.58 per cent in the corresponding week the previous year.

WPI rose by 0.1 per cent to 192.6 points during the latest reported week due to costlier primary articles, even as fuel and manufactured prices stood unchanged. The index was at 184.6 points during the corresponding previous period.

On a disaggregated basis, the Primary Articles group index was up 0.3 per cent to 189.7 points due to costlier food articles.

The Fuel, Power, Light and Lubricants group index stood firm at the previous week's level of 296.3 points.

The Manufactured Products group index also remained unchanged at the previous week's level of 170.6 points, despite costlier food products, rubber, basic metals and machinery.

Within the Primary Articles group, the Food Articles group index increased 0.5 per cent to 191 points due to higher prices for eggs (six per cent), vegetables (two per cent), and fruits, mutton, bajra, arhar, barley and rice (one per cent each).

However, pork became cheaper by 10 per cent and gram by one per cent.

The index of the Non-Food Articles group was down 0.2 per cent to 179.9 points due to lower prices of soyabean (two per cent) and raw jute and groundnut seed (one per cent each).

But prices rose for safflower (10 per cent), niger seed and copra (two per cent each), and linseed and raw rubber (one per cent each).

In the Manufactured Products group, the Food Products group index rose 0.1 per cent to 174.1 points due to higher prices of coconut oil (three per cent) and oil cakes (one per cent).

But prices fell for rice bran oil (four per cent) and gur (one per cent).

The Textiles group index declined by 0.3 per cent to 130.7 points due to lower prices of texturised yarn (nine per cent) and synthetic yarn and polyster staple fibre (one per cent each).

But prices rose for hessian and sacking bags (two per cent) and hessian cloth (one per cent).

The Rubber and Plastic Products group index was up 0.2 per cent to 137 points due to higher prices of tractor tyres (two per cent) and injection moulded plastic items (one per cent), even as motor tyres became cheaper by one per cent.

A huge 25 per cent dip in the prices of benzene pushed down the index for the Chemicals and Chemical Products group by 0.3 per cent to 185.9 points.

Prices, however, increased for acid (two per cent) and caustic soda (one per cent).

A one per cent drop in cement prices led to a 0.4 per cent decline in the Non-Metallic Mineral Products group index to 167.8 points.

The Basic Metals Alloys and Metal Products group index was up by 0.5 per cent to 222.5 points due to rise in the prices of nickel alloy (51 per cent), alloy stainless steel (29 per cent), and alloy steel casting (five per cent).

The Machinery and Machine Tools group index rose by 0.3 per cent to 146 points due to higher prices of boilers, parts, and accessories (11 per cent), but prices of colour TV sets declined by three per cent.

The Government also revised upwards inflation to 5.91 per cent during the week ended April 16 compared to the provisional estimate of 5.64 per cent, while WPI stood corrected at 191.7 points against provisional level of 191.2 points.

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