New Delhi, Nov 17: Inflation continued to rise for the third consecutive session by another 0.12 per cent to 3.14 per cent for the week ended November 2 mainly due to costlier primary items owing to steep increase in the price of non-food products. Interestingly, nothwithstanding the final rush on the eve of Diwali, there was a sharp decline in vegetables and fruits prices though point-to-point inflation, measured by Wholesale Price Index (WPI), rose from 3.02 per cent a week ago and the index was 2.46 per cent in the previous year.
The 'pull up' effect of sharp price hike in fish marine, poultry chicken and soyabean was to a great extend contained by price dip in essential commodities like fruits and vegetables.
WPI rose marginally by 0.1 per cent to 167.4 from 167.3 even as prices of fuels and manufactured items stood firm and the index was 162.3 in the previous year.

The final WPI stood corrected at 167.7 for the week ended September 7 as compared to the provisional level of 167.8 and inflation was 3.71 per cent in the second week of September as against the provisional figure of 3.77 per cent.
Primary articles' group index increased by 0.2 per cent to 174.9 from 174.5 in the previous week owing to a steep 1.6 per cent rise in the price of non-food articles even as there was price dip for food items. The index was 170.2 a year ago.
The index for food articles' group fell by 0.2 per cent to 181.4 from 181.8 due to cheaper vegetables and fruits and bajra (two per cent each) and condiments and spices (one per cent), while there was price hike for poultry chicken (13 per cent), fish-marine (four per cent) and maize and barley (two per cent each). Bureau Report