Food inflation falls to 11.81% for week ended October 29
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Food inflation falls to 11.81% for week ended October 29

Last Updated: Friday, November 11, 2011, 13:25
 
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Food inflation falls to 11.81% for week ended October 29
New Delhi: Food inflation declined marginally to 11.81 percent in the week ended October 29, but the slight moderation in the rate of price rise provided little respite to consumers burdened by high prices of essential kitchen staples like vegetables and pulses.

Food inflation, as measured by the Wholesale Price Index (WPI), stood at 12.21 percent in the previous week ended October 22. The rate of price rise of food items stood at 12.68 percent in the corresponding week of the previous year.

As per data released by the government Friday, vegetables became 26.05 percent costlier on a year-on-year basis during the week ended October 29. Pulses grew costlier by 13.27 percent, fruits by 11.70 percent and milk by 11.79 percent.

Eggs, meat and fish also became 12.74 percent more expensive on an annual basis, while cereal prices were up 4.07 percent.

However, onions became 19.31 percent cheaper. Wheat prices were also down 1.77 percent year-on-year during the week under review.

Inflation in the overall primary articles category stood at 11.43 percent, compared to 12.08 percent in the previous week. Primary articles have over 20 percent weight in the wholesale price index.

Inflation in non-food articles, including fibres, oilseeds and minerals, was recorded at 6.41 percent during the week under review.

Fuel and power inflation stood at 14.50 percent during the week ended October 29, unchanged from the previous week.

PTI




First Published: Friday, November 11, 2011, 12:24


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