Inflation rises to 3.42 per cent
Inflation rose to 3.42 per cent for the week ended September 22, compared to 3.23 per cent in the previous week, mainly due to rise in prices of manufactured items like salt, imported edible oil and some food products.
By PTI |
NEW DELHI: Inflation rose to 3.42 per cent for the week ended September 22, compared to 3.23 per cent in the previous week, mainly due to rise in prices of manufactured items like salt, imported edible oil and some food products.
The wholesale price-based index stood at 5.43 per cent in the corresponding week a year ago. During the week, inflation remained below RBI's expectation of close to 5 per cent for the current fiscal.
On account of lower prices of cereals, pulses, fruits and vegetables, the food article group fell by 0.1 per cent during the week.
Among other manufactured articles, prices of wires of all kinds, lead ingots, steel, tensile plates and cement moved up.
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