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Food inflation in India rises again to 10.86 percent

New Delhi, Sep 4 (Calcutta Tube) Food inflation in India rose to 10.86 percent for the week ended Aug 21 from 10.05 percent a week earlier, snapping a two-week decline, official data released Friday showed.

The inflation for the fuel and primary articles groups also inched higher, according to the data released by the commerce ministry.

The fuel prices moved up to 12.71 percent, after staying steady at 12.57 for over two weeks.

The primary articles index rose at a quicker pace of 15.19 percent, compared to the previous week’s increase of 14.75 percent.

Following are the rise and fall in prices of some of the main commodities that form the sub-index for food articles over the past 52 weeks:

  • Cereals: 6.76 percent
  • Rice: 8.05 percent
  • Wheat: 7 percent
  • Pulses: 14.12 percent
  • Vegetables: (-) 9.9 percent
  • Fruits: 9.27 percent
  • Milk: 18.22 percent
  • Potatoes: (-) 51.25 percent
  • Onions: (-) 8.97 percent

According to recently released data, wholesale price inflation, the measure for overall increase in prices, was at 9.97 percent in July.

The Reserve Bank of India, which is slated to a review of its monetary policy this month, may hike key interest rates again to contain high inflation.

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