Food inflation falls to 12.3%

Food price index rose 12.30%, while the fuel price index climbed 10.67% in the year to October 30, government data today showed.

Food price index rose 12.30%, while the fuel price index climbed 10.67% in the year to October 30, government data on Thursday showed.

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In the prior week, annual food and fuel inflation stood at 12.85% and 10.67%, respectively.

The primary articles price index was up 14.87% in the latest week compared with an annual rise of 15.43 a week earlier.

The wholesale price index, the most widely watched gauge of prices in India, rose 8.62% in September compared with an annual rise of 8.5% in August.