1. Capital Market

  2. Economy

  3. Reports

Primary articles inflation eases to 11.8% in week ended 18 June

capital market | Mumbai | February 15, 2014 17:29 IST

Primary articles inflation eases to 11.8% in week ended 18 June

The WPI inflation for primary articles eased to 11.84% the week ended 18 June as compared to 12.62% for the previous week ended 11 June 2011. The index for this major group declined 0.4% during the week from the previous week level. Within the group, the inflation for food articles as well as non-food articles eased to 7.8% and 17.9% from 9.1% and 18.4% in the previous week. However, the inflation for mineral increased 28.5% from 25.9%.

The index for 'Food Articles' group declined 0.8% due to lower prices of poultry chicken (4%), masur (3%), tea, condiments & spices and jowar (2% each) and arhar, mutton and fish-inland (1% each). However, the prices of egg, gram, urad, ragi and fish-marine (2% each) and wheat and barley (1% each) moved up.

The index for 'Non-Food Articles' group declined 0.4% from the previous week level due to lower prices of flowers and raw cotton (3% each), cotton seed (2%) and raw jute, soyabean and raw silk (1% each). However, the prices of gaur seed (9%), sunflower (7%), copra (3%), fodder (2%) and gingelly seed, groundnut seed, castor seed and niger seed (1% each) moved up.

The index for 'Minerals' group rose 2.1% during the week ended 18 June from previous week level due to higher prices of chromite (12%), magnesite (11%), copper ore (7%), barytes (6%), iron ore (5%) and steatite (2%). However, the prices of zinc concentrate (19%) and sillimanite (8%) declined.

The index for fuel and power group rose 0.2% during the week from previous week level due to higher prices of aviation turbine fuel (3%), naphtha (2%) and furnace oil (1%). However, the prices of bitumen (2%) declined.

Powered by Capital Market - Live News


Read more on: capital  market 
article
114021528158
Primary articles inflation eases to 11.8% in week ended 18 June
Primary articles inflation eases to 11.8% in week ended 18 June
Primary articles inflation eases to 11.8% in week ended 18 June
http://www.indiainfoline.com/article/capital-market-economy-reports/primary-articles-inflation-eases-to-11-8-in-week-ended-18-june-114021528158_1.html
February 15, 2014 17:29 IST
http://content.indiainfoline.com/_media/iifl/img/article/default/glo_news.jpg
capital market
Reports
$rawVideoFileUrl$
$videoPlayerUrl$

 
 
Reports

Another day, another high

India Infoline News Service / 09:04, Jan 22, 2015

The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.

News