Food inflation at 7-week low of 13.07%

Food inflation fell to a seven week low 13.07% for the week ended January 29 as pulses turned cheaper, even as vegetables remain costly.

Food inflation fell to a seven week low 13.07% for the week ended January 29 as pulses turned cheaper, even as vegetables remain costly.

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Snapping the two week rising trend, food inflation fell nearly 4 percentage points in the week from 17.05% in the week ended January 22.

On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%,, data released by the government showed.

Prices on onion, which had more than doubled in the week ended January 22, eased in the subsequent week. However, onions continued to remain dearer by 78.64% for the week ended January 29.

Vegetables as a whole have turned costlier by 44.34% on an annual basis.

Fruits and milk became costlier by 10.46% and 11.66% on a year on year basis respectively.