Inflation fell for the second consecutive week to 7.02 per cent for the week ended December 4, mainly due to cheaper primary and fuel products.The point-to-point wholesale price index (WPI) inflation fell by 0.28 per cent from 7.3 per cent in the previous week as vegetable prices fell by a whopping 8 per cent.The WPI fell by 0.3 per cent to 189.1 points even as the index of heavy-weighted manufactured products’ group remained unchanged at the previous week’s level. It was 176.7 points in the previous year period.The index of primary articles’ group was down by over 1 per cent to 187.8 points due to an all-round decline in the prices of food and non-food items. Food articles’ group index fell by 1.3 per cent to 187.8 points due to lower prices of poultry chicken (13 per cent), vegetables (8 per cent), fish-marine (5 per cent), eggs (3 per cent), fruits (2 per cent) and tea, arhar and urad (1 per cent each). Prices moved up for barley (2 per cent) and jowar, bajra and maize (1 per cent each).
