Inflation up for 2nd straight week

India's inflation rose for the second straight week, the annual rate of inflation, stood at 0.37% for the week ended September 12, as compared to 0.12% for the previous week ended September 5, and 12.42% during the corresponding week of last year. The Wholesale Price Index (WPI) for 'All Commodities' for the week ended September 12, rose by 0.2% to 242.6 from 242.0 for the previous week. The Government announced that it has revised inflation for the week ended July 18 to -0.54% from -1.54%.

The index for Primary Articles group rose by 0.2% to 275.3 from 274.7 for the previous week. The index for ‘Food Articles’ group rose by 0.1% to 280.3 from 279.9 for the previous week. The index for 'Non-Food Articles' group rose by 0.5% to 239.8 from 238.7 for the previous week.

The index for Fuel & Power group rose marginally to 343.5 from 343.4 for the previous week due. The index for Manufactured Products group rose by 0.3% to 208.8 from 208.1 for the previous week. The index for 'Food Products' group declined by 0.1% to 241.7 from 241.9 for the previous week.

The index for 'Machinery & Machine Tools' group rose by 0.5% to 173.3 from 172.4 for the previous week.