After declining to a single-digit level for two weeks, food inflation again moved up into double digits, at 11.4 per cent for the week ended July 31, as the prices of cereals, milk and fruit went up. Food inflation had stood at 9.53 per cent in the previous week. On a yearly basis, prices of cereals rose 6.97 per cent. Pulses became dearer by 20.74 per cent, prices of rice rose 6.89 per cent, and wheat became costlier by 7.93 per cent, during the week under review over the same period last year. Milk prices went up by 19.03 per cent.But on an yearly basis, potatoes became cheaper by 42.18 per cent, while vegetables overall saw a decline of 6.09 per cent.
News On AIR | August 12, 2010 1:45 PM
Food inflation again moves up into double digits