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Inflation rises in September
16 October 2010: The Wholesale price inflation moved up to 8.62 per cent in September 2010, from 8.51 per cent in the previous month, because of rise in prices of certain food and non-food items.
The inflation was at 8.51 per cent in August 2010. For July 2010, the figure has been revised upwards to 10.31 per cent from the provisional number of 9.97 per cent. This is the second consecutive month when the overall inflation has been in the single digit. It had remained over 10 per cent for five months till July.
As per the WPI data, prices of primary articles — food, non-food articles and minerals — shot up by 17.45 per cent on an annual basis.
During the month, fuel and power prices went up by 11.06 per cent, while manufactured goods became expensive by 4.59 per cent on an annual basis.
Source: Times of India