Food inflation returns to double digit at 11.4 percent
August 12th, 2010 - 5:28 pm ICT by ANINew Delhi, Aug.12 (ANI): Food inflation has shot up again to double digit at 11.40 per cent, after remaining in single digit for a fortnight.
Food inflation, which was 9.53 per cent for the week ended July 24, shot up to 11.40 percent for the week ended 31st July as prices of cereals, milk and fruit went up.
On a yearly basis, cereals registered a growth of 6.97 per cent, driven mainly by higher prices of pulses, rice and wheat.
Pulses became dearer by 20.74 per cent, while the prices of rice and wheat rose by 6.89 per cent and 7.93 per cent, respectively, during the week under review over the same period last year.
Among other food items, milk prices went up by 19.03 per cent during the week, compared to the same period last year.
Fruits became expensive by 7.42 per cent during the week under review.
Onion prices also went up by 0.32 per cent.
Potatoes were cheaper by 42.18 per cent, while vegetables overall saw a decline of 6.09 per cent.
Food inflation, which was over 20 per cent in December 2009, slipped to single digits in the third week of July.
The overall inflation, which includes change in prices of manufactured goods, was 10.55 per cent during June. (ANI)
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Tags: cereals, decline, digits, food items, fortnight, fruits, inflation, milk prices, New Delhi, onion prices, potatoes, vegetables, wheat