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Inflation zooms past 6%

January 19, 2007
Source:PTI

Inflation based on the wholesale price index zoomed to 6.12 per cent for the week ended January 6 when compared with 5.58 per cent in the previous week, according to data released by the government on Friday.

Inflation was just 3.86 per cent during the week ended January 7, 2006. Prices of fruits, vegetables, maize, arhar, wheat, groundnut seed, cotton seed, rapeseed, mustard seed, aviation turbine fuel, naphtha and furnace oil, moved up.

However, moong, condiments and spices, fish-marine, bajra, gram, jowar, urad, raw cotton, raw jute, sugar, gur, coconut oil and imported edible oil became cheaper.

Before this week, inflation was highest at 5.58 per cent in the previous week ending December 30, 2006 as per the provisional estimate and 5.61 per cent during the week ended October 21, 2006 as per revised estimates.

Source: PTI
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