Food inflation slips to 16.22 per cent | business | Hindustan Times
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Food inflation slips to 16.22 per cent

business Updated: Mar 25, 2010 13:53 IST
PTI
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Food inflation eased marginally to 16.22 per cent for the week ended March 13 from 16.30 per cent in the preceding week even though prices of certain items such as pulses and vegetables continued to rise.

While moong and pork became dearer by 5 per cent each, urad price shot up by 4 per cent, vegetables by 2.63 per cent and coffee by 2 per cent during the week.

However, masoor prices slipped 4 per cent and there was a fall of one per cent each in the prices for eggs, bajra, maize, condiments and spices.

While food inflation is at a four-month low, the overall inflation has been relentlessly rising and was at 9.89 per cent in February, up from 8.56 per cent in January.

The rise in overall inflation has been mainly attributed to high food inflation and the recent hike in fuel inflation after the increase in excise and customs duty on petrol and diesel.

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