New Delhi: The annual rate of inflation crossed the 12 per cent mark to 12.01 per cent for the week ended July 26 as compared to 11.98 per cent the week before, data released on Thursday showed.
The Wholesale Price Index (WPI) released by the Ministry of Commerce and Industry showed an increase in the prices of primary articles by 0.1 per cent, while that of non-food articles rose by 0.4 per cent.
The official data showed that the annual rate of inflation based on final index, calculated on point-to-point basis, stood at 9.32 per cent as compared to 8.75 per cent (provisional) for the week ended May 31.
The Finance Ministry, however, in a statement said: "Inflation, on a week on week basis, has continued to remain stable."
"The rate of inflation for the week ending July 26 stands at 12.01 per cent, marginally higher than the rate of 11.98 per cent reported last week," the Finance Ministry's statement said.
After a lull, the WPI for fuel, power, light and lubricants rose by 0.2 per cent due to higher prices of furnace oil (three per cent).
The manufactured-products index rose by 0.1 per cent while that of chemicals and chemical products increased by 0.05 per cent.
The price index for mineral declined by 0.6 per cent, while that of chemicals and chemical products declined by 0.05 per cent
The final wholesale price index for all commodities stood at 232.3 as compared to 231.1 (provisional) for the week ended May 31.
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