December 9, 2011

 

India's food inflation up 6.6% on-year
 

 

In the week ended November 26, India's wholesale food inflation grew 6.6% on-year, slower than 8% recorded in the week ended November 19, the government data showed Thursday (Dec 8).

 

The index for food articles group declined by 1% for the previous week due to lower prices of fish-inland and jowar (3% each), fruits and vegetables, condiments and spices, masur and urad (2% each) and fish-marine, poultry chicken, barley and moong (1% each).

 

However, the prices of ragi (3%), pork (2%) and gram, mutton, corn, egg and arhar (1% each) moved up, the Ministry of Commerce and Industry said in a statement.

 

The ministry will release the next week's (ending December 3) food inflation data on Thursday, December 15.