July 21, 2011 1:00 PM

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Food inflation falls

Food inflation fell to a three-week low of 7.58 per cent for the week ended July 9. It stood at 8.31 per cent in the previous week. The fall in food inflation rate is on the back of cheaper pulse prices and a high base last year.Data released by the government today said that prices of pulses went down by 7.67 per cent on a year-on-year basis. However, prices of other food items continued to rise.During the week ended July 9, onions became 19.68 per cent more expensive on an annual basis while fruits grew dearer by 15.84 per cent.The price of milk was up 10.76 per cent and eggs, meat and fish grew almost 8 per cent more expensive.Cereals became dearer by 4.77 per cent and vegetables by 4.31 per cent year-on-year.Meanwhile, inflation of non-food articles was at 15.50per cent .

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