The rate of inflation, based on monthly WPI, came much higher above the street estimates for the month of October 2011 at 9.73%, compared to 9.72% seen in the previous month and 9.08% during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.88% compared to a buildup of 4.84% in the corresponding period of the previous year.
The index for primary articles group rose by 1.0% and, the index for fuel and power group rose by 1%. Meanwhile the index for manufactured products group rose by 0.4% from the previous month.
