Inflation declined marginally to 4.91 per cent for the week ended August 19 from 4.92 per cent in the previous week despite increase in prices of minerals, food and manufactured items.
The wholesale prices-based inflation stood at 3.71 per cent during the corresponding week of the last year.
The Wholesale Price Index for all commodities was up by 0.2 per cent to 205.1 points and the index was 195.5 points during the same week last year.
The final inflation figure remained unchanged at the provisional level of 4.84 per cent and WPI at 203.6 points for the week ended June 24.
Though contained through timely and pre-emptive monetary measures, Reserve Bank on Wednesday said inflation is still a cause for concern and containing inflationary expectations would continue to pose a challenge to monetary management.
There are continuing signs of demand pressures, especially high credit growth, that could exert upward pressure on prices when associated with supply shocks such as from oil, the central bank said.
During the week under review, world oil prices rose to $70 a barrel as traders switched their focus to the nuclear energy crisis in Iran.
Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group
© 2026