Food inflation fell to 9.18 per cent for the week ended March 26, the lowest level in almost four months. Food inflation stood at 9.50 per cent in the preceding week. The last time food inflation was lower than this level was during the week ended November 27 last year, when it was registered at 8.69 per cent. The latest numbers also mean that food inflation is in single digits for the second consecutive week. During the week under review, prices of pulses fell by 5.39 per cent on an annual basis. However, other food items continued to exhibit an upward trend in terms of the rate of price rise. Food inflation was in double digits for most of the last fiscal and it has shown signs of slight moderation since the last week of February.
News On AIR | April 7, 2011 1:06 PM
Food inflation falls