14 September 2018
The anniversary amount of inflation, based on broad amount basis (WPI) stood at 4.53 per cent (provisional) in August 2018, compared to 5.09 per cent for the antecedent ages and 3.24 per cent during the agnate ages of the antecedent year.
Build-up of aggrandizement amount in the banking year so far was 3.18 per cent compared to a accession of 1.41 per cent in the agnate aeon of the antecedent year.
Inflation amount for the primary accessories group, which has a weight of 22.62 per cent in the broad amount basis (WPI) rose by 0.1 per cent in August 2018.
Inflation amount for the ‘food articles’ accumulation rose 0.1 per cent due to college prices of gram, moong, ragi, bajra, urad, barley, wheat, tea, coffee, jowar and masur, maize, rajma. However, the amount of egg, banty chicken, fish, peas/chawali, betel leaves, arhar, beef and addle meat and pork declined.
Inflation amount for ‘non-food articles’ accumulation rose 1.2 per cent due to college prices of groundnut seed, guar seed, besom seed, gingelly seed, raw rubber, floriculture, abduction and alacrity seed, raw wool, fodder, mesta, linseed, affection seed, raw jute, sunflower, safflower (kardi seed) and raw cotton. However, the amount of soyabean and niger berry and hides declined.
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