Food inflation at 11.40 pc y/y as at July 31

India's food price index rose 11.40 per cent in the year to July 31, while the fuel price index climbed 12.66 per cent, government data released today showed.

India's food price index rose 11.40 per cent in the year to July 31, while the fuel price index climbed 12.66 per cent, government data released on Thursday showed.

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

The primary articles index rose 15.66 per cent, compared with the previous week's reading of 14.36 per cent.

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