October 12, 2012 2:16 PM

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Retail inflation moderates to 9.73% Sept; Industrial growth in Aug slows to 2.7%

Higher prices of sugar, edible oils, vegetables and pulses kept retail inflation near double digit at 9.73 per cent in September, marginally down from the previous month. According to the Consumer Price Index (CPI) data released today, In August, it was 10.03 per cent. The highest rise in prices last month was in sugar, up 19.4 per cent, year-on-year basis.In urban areas, retail inflation moderated to 9.72 per cent in September, compared to 10.19 per cent in August. While, the retail price rise in rural areas worked out to 9.79 per cent during September down from 9.9 per cent in the previous month. CPI for edible oils during September increased by 18.54 per cent, pulses by 16.2 per cent. Vegetable prices also grew by 14.3 per cent, while meat and fish and egg rates rose by 12.06 per cent.

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