June 17, 2011 8:48 AM

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Food inflation falls to 8.96 % in week ending 4th June

Food inflation went down marginally to 8.96 per cent for the week ended June 4. This follows cheaper pulses and vegetables. Food inflation, as measured by the Wholesale Price Index had stood at 9.01 per cent in the previous week, while it was over 21 per cent in the first week of June last year. During the week under review, prices of pulses went down by over 10 per cent year-on-year, while vegetables became cheaper by 1.39 per cent. However, prices of other food items continued to move upward. Fruits became almost 30 per cent more expensive, while milk was up 10.59 per cent.

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