By IANS,
New Delhi : Maintaining an upward swing, India’s annual rate of inflation rose to 11.63 percent for the week ended June 21 against 11.42 percent for the preceding week.
The index for primary food articles comprising tea, fruits and vegetables rose 0.6 percent while that of non-food articles like raw cotton rose 0.4 percent.
The index for fuel, power light and lubricants declined 0.1 percent, while the index for manufactured products like oilcakes rose 0.5 percent.
For chemicals and chemical products, the index rose 0.6 percent while that of non-metallic mineral products went up 0.1 percent due to marginal rise in the prices of cement.
Official inflation data released by the Ministry of Commerce and Industry showed an increase of 4 percent in the price of tea while that of fruits and vegetables, maize, bajra and fish marine went up 2 percent each.
The final wholesale price for all commodities stood at 229.1 points for the week ended April 26 and the annual rate of inflation based on final index calculated on point to point basis stood at 8.27 percent as compared to 7.61 percent (provisional).