Food inflation eases to 1.81% on 10 December

Food inflation eases to 1.81% on 10 December

New Delhi: Food inflation eased sharply to 1.81% in the year to 10 December, from an annual 4.35% rise in the previous week, government data showed on Thursday.

India’s headline inflation has stayed above 9% for a year, despite 13 rate increases by the Reserve Bank of India since March 2010.

The Reserve Bank of India, kept policy rates on hold at its policy review last Friday, sending a strong signal that its next move is likely to be an easing of monetary policy as risks to growth increase.

Also See | Food inflation eases to 1.81% (PDF)

Graphic by Yogesh Kumar/Mint

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