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New Delhi: The government on Thursday introduced a new mechanism for monitoring the wholesale price movement under which the inflation for primary articles, including foodgrain, pulses and vegetables, declined 0.11% during the week ending October 24.
As per the new system, the weekly wholesale price index data would cover only primary articles and commodities in the broad group—fuel, power, light and lubricants, an official statement said.
Besides, the monthly price index covering all commodities for October would be released on November 12, in accordance the decision taken by the Cabinet Committee of Economic Affairs, it said. As per the data, the inflation for fuel, power, light and lubricants remained unchanged at 6.2%. The prices of primary articles rose by 8.94% in a year with potatoes showing an increase of 100%, onion by 50%, pulses by 23%, rise by 12% and milk by 10%.
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