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30th Jamadi-ul-Saani, 1433 | Tuesday, May 22, 2012
Business

Food inflation up at 10.86 pc in third week of Aug

Friday, 3 September 2010
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September 03:

New Delhi, September 03: Annual food inflation rose marginally to 10.86 per cent for the week ended August 21, after the previous two-week decline, despite a fall in vegetables prices.

Food inflation had softened to 10.05 per cent for the week ended August 14 against 10.35 per cent in the previous week.

On an yearly basis, potato became cheaper by over 51 per cent, while vegetables overall saw a decline of 9.90 per cent. Onion prices also fell by 8.97 per cent, official data released today showed.

Cereal prices, however, rose by 6.76 per cent, driven mainly by higher prices of pulses, rice and wheat compared to the same period last year.

While pulses became dearer by over 14 per cent, prices of rice and wheat rose by 8.05 per cent and 7 per cent, respectively, during the week under review on yearly basis.

--Agencies

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