Food inflation rises to 11.40%

Food inflation rises to 11.40%

New Delhi: India’s food price index rose 11.40% in the year to 31 July, while the fuel price index climbed 12.66%, government data released on Thursday showed.

Food inflation accelerated from the previous week’s annual rise of 9.53%, while fuel inflation eased from the week-ago reading of 14.26%.

The primary articles index rose 15.66%, compared with the previous week’s reading of 14.36%.

Wholesale prices, the most closely watched inflation gauge in India, rose 10.55% in June from a year earlier, remaining above 10% for the fifth straight month.