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Food Inflation Rises To 9.80 PC

PTI 25 Aug 2011, 17:41:47 IST
PTI

New Delhi, Aug 25 : Inching closer to the crucial double-digit mark, food inflation rose to 9.80 per cent for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items.  Food inflation, as measured by Whole Price Index (WPI), stood at 9.03 per cent in the previous week. The rate of price rise of food items in the corresponding week of August, 2010, was 14.56 per cent.

As per data released by the government today, 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 an annual basis.

The price of milk was up 9.51 per cent, while vegetables and cereals became dearer by 6.52 per cent and 5.22 per cent, respectively.

However, pulses became cheaper by 5.56 per cent and the price of wheat was down by 2.80 per cent year-on-year.  Overall, primary articles recorded 12.40 per cent inflation for the week ended August 13, up from 11.64 per cent in the previous week. Primary articles have a share of over 20 per cent in the WPI.

Inflation in non-food articles, which include fibres, oil seeds and minerals, stood at 17.80 per cent, compared to 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, the same as in the week ended August 6.  PTI