India's food price inflation climbs to 9.13 per cent
29 Sep 2011
Food price inflation in the country based on the wholesale price index rose again, hitting 9.13 per cent year-on-year during the week ended 17 September 2011, from 8.84 per cent in the previous week.
Inflation rate for food articles stood at 17.02 per cent during the comparable week of the previous year.
Build-up of inflation during the financial year (beginning 1 April 2011) was 10.16 per cent against 9.98 per cent during the comparable week of the previous year.
The index for the 'food articles' group rose 0.8 per cent to 197.3 (provisional) during the week ended 17 September 2011, from 195.7 (provisional) in the previous week, due to higher prices of gram (up 6 per cent), masur, arhar, urad, poultry chicken, condiments and spices and fish (up 2 per cent each) and fruits, vegetables, maize, jowar and milk (up 1 per cent each). However, the prices of barley (down 4 per cent), coffee (down 3 per cent) and bajra and ragi (down 2 per cent each) declined.
Inflation rate for the `non-food articles' group, however, declined to 12.89 per cent during the week ended 17 September 2011, from 17.42 per cent during the previous week. It was 22.99 per cent during the similar week of the previous year.
Build-up of inflation for the group during the financial year (beginning 1 April 2011) was -3.60 per cent against 8.70 per cent during the comparable week of the previous year.
