Inflation based on the Wholesale Price Index (WPI) had stood at 4.86 percent in June and in July 2012, it was 7.52 percent. (Agencies)
As per the official data released on Wednesday, WPI inflation in the food articles category rose to double digits at 11.91 percent, driven mainly by price rise in onion, cereals and rice. The rate of price rise in food articles, which has a 14.34 percent share in the WPI basket, was at 9.74 percent in June. Besides, the inflation in the food articles category rose for the third straight month.
Inflation in onion shot up by 145 per cent in July on an annual basis. It has risen by 114 per cent in the previous month as against the same period last year. Vegetable prices too went up by 46.59 percent during the month, from 16.47 percent in June.
Inflation in the manufactured items category showed a marginal rise to 2.81 percent in July, from 2.75 percent in June. The non-food articles category, which include fibre, oil seeds and minerals, saw a decline in inflation to 5.51 percent from 7.57 percent in June.
Inflation in rice stood at 21.15 percent in July, against 19.11 percent in the previous month. Also cereals prices rose to 17.66 percent from 17.18 percent in June. Inflation in May was revised downwards to 4.58 percent from 4.70 percent as per provisional estimates.
Inflation based on the Wholesale Price Index (WPI) had stood at 4.86 percent in June and in July 2012, it was 7.52 percent.