India's food inflation crosses 12% mark

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India's food inflation crosses 12% mark
India's food inflation crossed 12% mark, the highest in 9 months, the figure stood at 12.21% for the week ended October 22, the government data showed.

The food inflation which is calculated on the basis of wholesale price index (WPI) was at 11.43% in the previous week.

The fuel and power inflation dipped to 14.50% for the week ended October 22 against 14.70% a previous week.

The primary articles which occupy 20.12% weightage, rose to 12.08%.

Prices of vegetables soared to 28.89% and pulses became expensive to 11.65%.

The index of non-food articles moderated a bit to 6.43%.

While, the milk and egg, meat & fish rose to 11.73% and 13.36% respectively.

GoodReturns.in

Read more about: inflation, government, wpi, fuel, power
Story first published: Thursday, November 3, 2011, 12:21 [IST]
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