Food inflation rose by 0.77 percent point to 9.80 per cent for the week ended August 13. It was 9.03 per cent in the previous week. The rise in food inflation rate is on the back of dearer onions, potatoes, fruits and protein-based items. Data released by the government on Thursday shows that the price of onions soared by 44.42 per cent year-on-year, while potatoes became 16.39 per cent more expensive during the week under review. During the week ended August 13, fruits became dearer by 27.01 per cent and eggs, meat and fish by 13.37 per cent on annual basis. The price of milk was up 9.51 per cent, while vegetables became dearer by 6.52 per cent and cereals by 5.22 per cent. However, pulses became cheaper by 5.56 per cent and the price of wheat was down by 2.80 per cent year-on-year. Inflation in non-food articles, which include fibres, oil seeds and minerals, stood at 17.80 per cent. It was 16.07 per cent in the previous week. Meanwhile, fuel and power inflation stood stable at 13.13 per cent for the week ended August 13.
News On AIR | August 25, 2011 12:50 PM
Food inflation up by 0.77%