November 5, 2009 2:26 PM

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Inflation for primary articles including foodgrains and vegetables decline 0.11 per cent

The Government today introduced a new mechanism for monitoring wholesale price movement. Based on the new guidelines, the inflation rate for primary articles, including food grain, pulses and vegetables, declined 0.11 per cent during the week ending October 24. The inflation rate for fuel, power, light and lubricants remained unchanged, at 6.2 per cent. An official statement said that under the new system, the weekly wholesale price index data will cover only primary articles, and commodities in the broad group of fuel, power, light and lubricants. In accordance with the decision taken by the Cabinet Committee of Economic Affairs, the monthly price index covering all commodities for October will be released on the 12th of this month.

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