It is my promise to Get 7% + D.A for Jan 2011 :- C.J.Mathews Sankarathil,MBA

                                              C.J.MATHEWS SANKARATHIL MBA




 Inflation again flies only..........................................................!

The annual inflation rate of India's prices of food, as measured by the wholesale price index, or WPI, for the week ended October 2 marginally rose to 16.37 per cent from the 16.24 per cent of the preceding week, due to higher prices of milk, vegetables, fruits and wheat.
The rate of inflation for the corresponding week in the preceding year was 11.21 per cent. The 52-week average inflation for the week ended October 2 was 18.62 per cent, as per the data released by the Ministry of Commerce and Industry.
The annual rate of inflation under the "Non-Food Articles" category rose to 22.73 per cent from the 22.15 per cent of the preceding week. The 52-week average inflation for the week ended October 2 was 13.81 per cent.
Primary articles
The annual rate of inflation for the week ended October 2 was 18.54 per cent, slightly lower than the 18.53 per cent of the preceding week. It was 8.78 per cent for the corresponding week of the preceding year. The 52-week average inflation for the week was 18.44 per cent, say the data.
The index for this group, with a weightage of 22.02 per cent, increased by 0.66 per cent over the preceding week.
These groups and items showed variations:
The index for the "Food Articles" category increased by 0.89 per cent from the preceding week, due to the higher prices of fruits and vegetables, gram, bajra, masur, urad, barley and moong. However, those of fish-marine, arhar and condiments and spices declined.