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Food inflation at 10.63% for week ended Nov 5

Food inflation eased to 10.63 % for the week ended November 5 even as prices of agricultural items, barring onions and wheat, continued to rise on an annual basis.

Updated on: Nov 17, 2011, 12:27:47 IST
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Food inflation eased to 10.63 % for the week ended November 5 even as prices of agricultural items, barring onions and wheat, continued to rise on an annual basis.

HT Image
HT Image

Food inflation, as measured by the Wholesale Price Index (WPI), stood at 11.81 % in the previous week ended October 29. The rate of price rise of food items stood at 11.41 % in the corresponding week of the previous year.

As per data released by the government on Thursday, onions became cheaper by 22.89 % year-on-year, while wheat price were down 3.63%.

However, all other items became more expensive on an annual basis during the week under review.

While vegetables became 27.26 % costlier, pulses grew dearer by 14.44 %, milk by 10.74 % and eggs, meat and fish by 11.73%.

Fruits also became 5.99% more expensive on an annual basis, while cereal prices were up 3.53%.

Inflation in the overall primary articles category stood at 10.39 % during the week ended November 5, as against 11.43% in the previous week. Primary articles have over 20% weight in the wholesale price index.

Inflation in non-food articles, including fibres, oilseeds and minerals, was recorded at 5.33% during the week under review, as against 6.41% in the week ended October 29.

 
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