Primary articles inflation reduced to 10.60% as on October 1.

By bne IntelliNews October 17, 2011
India's primary articles inflation reduced to 10.60% as on October 1 this year, as compared to 10.84% registered as on September 24, as a result of the statistical impact of a high base. As reported by NewsWire18 MoneyWire, the primary articles index increased 0.7% y/y recording at 203.4 during the period. The non-food articles inflation steeply reduced to 9.59% during the period, as compared to 10.77% registered as on September 24, as a result of reduced prices of raw cotton, castor seed, and soybean.

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