Inflation climbs down to 10.68 per cent

New Delhi: The annual rate of inflation moderated further to 10.68 per cent for the week ended of October 18, from 11.07 per cent the week before.

The wholesale price index (WPI) for all commodities released by the ministry of commerce and industry Thursday showed a decline of 0.3 per cent in the index for primary articles like raw rubber and groundnut seed.

The index for fuel, power, light and lubricants declined 0.4 per cent, while that for manufactured products declined 0.1 per cent to 205.4 from 205.7 for the previous week. Both figures were provisional.

The annual rate of inflation based on the final index, calculated on point-to-point basis, stood at 12.76 per cent for the week ended Aug 23, up from the provisional figure of 12.34 per cent.