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Food inflation at 10.63% for week ended Nov 5

Posted in : General Information

(added few months ago!)

Food inflation eased to 10.63 per cent for the week ended November 5 even as prices of agricultural items, barring onions and wheat, continued to rise on an annual basis. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 11.81 per cent in the previous week ended October 29. The rate of price rise of food items stood at 11.41 per cent in the corresponding week of the previous year.

As per data released by the government today, onions became cheaper by 22.89 per cent year-on-year, while wheat price were down 3.63 per cent. However, all other items became more expensive on an annual basis during the week under review. While vegetables became 27.26 per cent costlier, pulses grew dearer by 14.44 per cent, milk by 10.74 per cent and eggs, meat and fish by 11.73 per cent. Fruits also became 5.99 per cent more expensive on an annual basis, while cereal prices were up 3.53 per cent.

Tags : Food, Inflation

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(added few months ago!) / 53 views