At 5.59% July inflation at five month high; mfg items up 2.81%
Updated: Aug 14, 2013 02:46:11pm
Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July, 2012, it was 7.52 per cent.
Inflation in the manufactured items category also showed a marginal rise to 2.81 per cent in July, from 2.75 per cent in June.
As per official data released today, WPI inflation in the food articles category rose to 11.91 per cent, mainly due to price rise in onion, cereals and rice.
The rate of price rise in food articles, which has a 14.34 per cent share in the WPI basket, was at 9.74 per cent in June. The inflation in the food articles category rose for the third straight month.
Inflation in onion surged by 145 per cent in July on an annual basis. It has risen by 114 per cent in the previous month as against the same period last year.
Vegetables prices too went up by 46.59 per cent during the month, from 16.47 per cent in June.
However, the non-food articles category, which includes fibre, oil seeds and minerals, saw a decline in inflation to 5.51 per cent, from 7.57 per cent in June.
Inflation for May was revised downwards to 4.58 per cent from 4.70 per cent as per provisional estimates. (KNN/SD)