Food inflation at 9.80% y/y as at Aug 13: govt | business | Hindustan Times
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Food inflation at 9.80% y/y as at Aug 13: govt

Food price index rose 9.80% and the fuel price index climbed 13.13% in the year to Aug. 13, government data today showed. In the previous week, annual food and fuel inflation stood at 9.03% and 13.13% respectively.

business Updated: Aug 25, 2011 12:04 IST

Food price index rose 9.80% and the fuel price index climbed 13.13% in the year to Aug. 13, government data on Thursday showed.

In the previous week, annual food and fuel inflation stood at 9.03% and 13.13% respectively.

The primary articles index was up 12.40%, compared with an annual rise of 11.64% a week earlier.

Reserve Bank of India has raised interest rates 11 times since March 2010 to tame headline inflation , which stood at 9.22% in July.

The Reserve Bank of India continues to expect inflation to start easing by November-December and was watching for signs of moderation in demand, deputy governor Subir Gokarn said on Tuesday.

A top policy adviser had said last week that India's headline inflation was likely to stay at around 9-10% until December.