October 15, 2009 5:13 PM

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Inflation rises despite fall in prices of food items

Inflation rose to 0.92 per cent for the week ended 3rd October from 0.70 per cent a week ago, although the prices of staple food items fell, including vegetables by 13.19 per cent, for the 2nd straight week. Prices of food articles, in all, declined by 1.7 per cent, but when seen on year-on-year basis they were up 13.34 per cent. Most staple items ranging from rice to wheat to pulses were cheaper, but onion and sugar cost 5.47 per cent and 2.37 per cent more, respectively, compared to the previous week.

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