New Delhi, Dec 26: A sharp fall in the prices of fruits and vegetables notwithstanding, inflation rose for the fifth consecutive week to a 28-week high of 5.57 per cent for the week ended December 13 as wheat, maize, jowar, food products, some edible oils and textiles became costlier. The point-to-point wholesale price index (WPI) inflation was up by 0.19 per cent from the previous week's level of 5.38 per cent with prices of heavy-weighted manufactured products going up marginally.
The growth in general price level was only 3.21 per cent in the previous year period, indicating that the cost of living had surged by over 200 basis points.
However, WPI stood unchanged at the previous week's mark of 176.4 points though primary products and fuels' group indices fell. The index was 167.1 points a year ago. Bureau Report