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Retail prices recorded erratic trend in �11

By Staff reporter

GUWAHATI, March 29 � Average retail prices of some essential commodities recorded an erratic trend of rise during the year 2011, said the Economic Survey, Assam 2011-12, published by the State Directorate of Economics and Statistics and placed before the State Assembly recently.

However, the point to point price rise in the month of November 2011 over November 2010 are observed to be between (-) 40 and (-) 0.5 per cent in cases of rice, atta, major pulses, potato & onion, while mustard oil, salt, sugar, tea and milk the recorded rise of prices between (+) 5 and (+) 40 per cent during the period.

The All India Wholesale Price Index (WPI) with base 2004-05 for all commodities increased from 130.81 in 2009-10 to 143.32 in 2010-11 showing an increase of 9.56 per cent. During the same period, the WPI for primary articles increased by 17.75 per cent, food articles 15.60 per cent and 22.33 per cent and 12.28 per cent increase recorded for non-food articles and fuel and power respectively. WPI with the same base, increased from 152.1 in April, 2011 to 157.7 in January, 2012. During the same period, the index for food subgroup among primary articles group increased from 186. 8 to 191.4, whereas non-food group decreased from 192.2 to 182.8. The index for fuel and power group increased from 159.5 for April, 2011 to 172.8 for January 2012. The WPI of agricultural commodities in Assam (with base 1993-94=100) reveals that the annual average index stood at 272 in 2010-11, as against 249 in 2009-10 and 221 in 2008-09.

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