Food inflation eases to 11.81% from 12.21%

Food inflation eases to 11.81% from 12.21%

In the previous week, annual food and fuel inflation stood at 12.21% and 14.50%, respectively.

The primary articles price index was up 11.43%, compared with an annual rise of 12.08% a week earlier.

India’s central bank raised interest rates last month for the 13th and possibly final time in a tightening cycle that began in early 2010, on expectations that persistently high inflation will finally begin to ease starting in December.

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