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High prices push inflation to 4.95%

March 11, 2005 12:50 IST
Source:PTI

Costlier fuel products and manufactured items including edible oils pushed up inflation to 4.95 per cent during the week ended February 26.

The point-to-point Wholesale Price Index inflation rose by 0.12 per cent from the previous week's level of 4.83 per cent despite cheaper mass consumption primary articles.

The price level as high as 5.21 per cent in the previous year period.

The broadbased WPI was down by 0.1 per cent to 188.7 points during the week in review and it was 179.8 points in the year ago period.

Government revised downwards inflation to 5.72 per cent during the week ended January one as compared to provisional level of 5.78 per cent.

The WPI stood corrected at 188.5 points in the beginning of January this year as against provisional estimate of 188.6 points.
Source: PTI
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