×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Food inflation eases to 9.01% from previous 10.63%

Food inflation eases to 9.01% from previous 10.63%
Comment E-mail Print Share
First Published: Thu, Nov 24 2011. 12 05 PM IST

Updated: Thu, Nov 24 2011. 12 05 PM IST
New Delhi: Food price index rose 9.01% and the fuel price index climbed 15.49% in the year to 12 November, government data on Thursday showed.
In the previous week, annual food and fuel inflation stood at 10.63 percent and 15.49%, respectively.
The primary articles price index was up 9.08%, compared with an annual rise of 10.39% a week earlier.
Inflation in October hovered above 9% for the 11th month, in further evidence of the central bank’s inability to achieve a breakthrough in its fight against price rises.
Central bank raised interest rates last month for the 13th and possibly the final time in a tightening cycle that began 18 months ago, on hopes that persistently high inflation will finally begin to ease from December.
Comment E-mail Print Share
First Published: Thu, Nov 24 2011. 12 05 PM IST
More Topics: India | Economy | Markets | Commodities | Inflation |