Institutional Economics and the North-East-Report of a Seminar

momentum in the period ahead. The high incidence of excise duty and sales tax also added to the bullish sentiment in edible oil prices.
As there was no major upward revision in administered prices, the price rise for this group of commodities was nominal at 1.1 per cent. The increase was mainly because of the upward revision in electricity tariffs by 4.9 per cent.