Food inflation rises to 17.65%

Food inflation rose to 17.65% for the week ended April 10 from 17.22% in the previous week due to higher prices of fruits and vegetables. 

In the corresponding week last year, food inflation was at 8.16%.

Prices of fruits and vegetables rose by 3%, sea fish became costlier by 2% and pulses such as arhar and moong became dearer by 1% each over the week.

The overall inflation, led by rise in food prices, had gone up to 9.9% in March, much higher than the central bank's projection of 8.5% for March-end.

On an annual basis, pulses became dearer by 28.77%, milk by 22.21%, fruits by 18.81% and wheat by 11.18%.

On a weekly basis, the index for food articles rose by 0.7%. Index for non-food articles rose by 0.5% led by higher prices of groundnut and castor seeds.

Source BloombergUTV
Lable inflation ,food inflation