Inflation rate rises marginally to 5.64 percent

January 29th, 2009 - 2:02 pm ICT by IANS  

New Delhi, Jan 29 (IANS) India’s annual rate of inflation rose marginally by 0.04 percent to 5.64 percent for the week ended Jan 17 from 5.6 percent the week before, official data released here Thursday showed.The inflation rate was 4.45 percent during the corresponding week the previous year.

Going by provisional figures, the wholesale price index (WPI) for all commodities rose 0.2 percent to 230.5 from 230 the week before.

The index for primary articles declined 0.1 percent to 249.1 (provisional) from 249.3 the previous week, while that for manufactured products rose 0.3 percent (provisional) to 201.8 from 201.1.

The index for fuel, power, light and lubricants rose 0.1 percent to 330 (provisional) from 329.8 last week due to higher prices of aviation fuel (4 percent) and furnace oil (1 percent).

This was for the second successive week that the inflation rate rose after 11 weeks of steady decline.

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