Rising prices of pulses, cereals, vegetables and wheat are a cause of worry in India
FOOD inflation is back in double digits after a gap of a month-and-a-half and stood at 10.60 per cent for the week ending October 8 on the back of costlier vegetables, fruits, milk and protein-based items.
Food inflation, as measured by Wholesale Price Index (WPI), stood at 9.32 per cent in the previous week. The rate of price rise of food items stood at 15.72 per cent in the corresponding week of 2010.
As per data released by the government, vegetables became 17.59 per cent more expensive year- on-year during the week ended October 8. Fruits grew dearer by 12.39 per cent, milk by 10.80 per cent and eggs, meat and fish by 14.10 per cent on an annual basis.
Pulses also became dearer by 7.42 per cent and cereal prices were up 4.73 per cent year-on-year.
However, onions became 11.27 cheaper and wheat prices were down 0.18 per cent during the week under review.
Food inflation had previously crossed the double-digit mark in the week ended August 20.
Inflation in overall primary articles stood at 11.18 per cent for the week ended October 8, compared to 10.60 per cent in the previous week. Primary articles have a share of over 20 per cent in the WPI.
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