India's food price inflation climbs to 9.80 per cent
25 Aug 2011
Food price inflation in the country rose again, hitting 9.80 per cent during the week ended 11 August 2011, against a decline to 9.03 per cent during the previous week.
The rate of inflation based on the wholesale price index of food articles was 14.56 per cent during the corresponding week of the previous year.
The increase in the food price inflation rate was due mainly to higher prices of fish, egg, meat, bajra, gram, masur, fruits and vegetables, official data showed.
The build-up of inflation during the financial year (beginning 1 April 2011) was 7.59 per cent against 6.75 per cent during the comparable week of the previous year.
The index for the 'food articles' group rose 0.4 per cent to 192.7 (provisional) during the week ended 11 August 2011 from 191.9 (provisional) during the previous week due to higher prices of fish (up 2 per cent) and mutton, gram, fruits and vegetables, egg, pork, bajra and masur (up 1 per cent each). However, the prices of poultry chicken (down 3 per cent) and jowar and moong (down 2 per cent each) declined.
The rate of inflation for the `non-food articles' group also firmed up to 17.80 per cent during the week ended 11 August 2011 from 16.07 per cent during the previous week. It was 16.24 per cent during the similar week of the previous year.
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