Inflation at (-)3.81% in Oct; pulses, onion expensive

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New Delhi, Nov 16: Deflationary pressure eased a bit with inflation rate moving up slightly to (-)3.81 per cent in October as pulses, vegetables and onion turning costlier.

     This is 12 month in a row when the inflation at wholesale level remained in the negative territory. It has been in the negative zone since November last year.

     The Wholesale Price Index-based inflation was (-)4.54 per cent in September. In October last year, it was 1.66 per cent.

     Pulses and Onion among the food items category turned costlier with inflation at 52.98 per cent and 85.66 per cent respectively during October.

     The rate of price rise in case of vegetables was at 2.56 per cent as against (-)19.37 per cent in the same month last year, as per official data released today.

     Besides pulses and onion, the food items which became dearer during the month were milk (1.75 per cent) and wheat (4.68 per cent). However, inflation rate in case of potato was in the negative zone, (-)58.95 per cent.

     Inflation rate in fuel and power segment was (-)16.32 per cent, while that in manufactured products was (-)1.67 per cent in September.

     Inflation for August has been revised to (-)5.06 per cent, from the provisional estimate of (-)4.95 per cent.

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