Inflation dips to 6.3 per cent

Inflation based on the final index for the week ended March 25 stood sharply up at 6.49 per cent as against 4.16 per cent on the provisional index.

The final index for all commodities was at 150.9 compared to provisional estimate of 147.6.

Compared to WPI, inflation on consumer price index for industrial workers (CPI-IW) for April stood at 5.54 per cent, up from 4.83 per cent in the previous month.

Commodities which witnessed fluctuation during the week were fish inland, poultry chicken and liquid nitrogen (up 10 per cent each), fireworks (up 8 per cent), cotton yarn cones (up 6 per cent), niger seed (up 5 per cent), tea and hair oil (up 4 per cent each), woolen yarn (down 29 per cent), coffee (down 12 per cent), copra (down 6 per cent), sunflower oil (down 5 per cent) and gingelly seed (down 4 per cent).

During the week indices of primary articles and manufactured products moved up while index for fuel, power, light & lubricants stood unchanged.

Index for primary articles rose by 0.4 per cent to 163.3 from 162.7 in the previous week on higher prices of food articles, which moved up by 0.5 per cent to 173.1 from 172.2.

From food Articles, prices of fish inland and poultry chicken (10 per cent each), tea (4 per cent) and maize, moong and masur (1 per cent each) were costlier. Prices of coffee (12 per cent), jowar and bajra (3 per cent each) and vegetables and fruits (1 per cent), however, were cheaper.

Index for non-food articles remained unchanged at 143.4. However, prices of niger seed (5 per cent), sunflower (3 per cent) and raw cotton, raw silk, cotton seed and skins raw (1 per cent each) were higher.

Prices of copra (6 per cent), gingelly seed (4 per cent), kardi seed (2 per cent) and raw jute, groundnut seed, linseed and fodder (1 per cent) were lower.