Last Updated :
18 March 2010 at 14:25 IST
India food inflation eases, fuel inflation climbs
NEW DELHI (Commodity Online) : India’s food inflation based on wholesale prices dropped in the first week of March while fuel inflation climbed.
According to official figures from the Commerce Ministry, Food inflation fell to 16.30 per cent for the week ended March 6 and fuel inflation shot up to 12.68 per cent.
For the previous week, food inflation was at 17.81 per cent and fuel inflation at 11.38 per cent.
Vegetable prices showed a marked decline of more than 10 per cent over the week, followed by about 4 per cent fall in prices of pulses. Urad and arhar prices was down 6 per cent each during the week.
However, the easing in food prices has been marred by rising fuel inflation giving no respite to the overall inflation that has been consistently rising since it came out of sub-zero levels in September last year.
The fuel index comprising fuel, power, light and lubricants saw an inflation of 12.68 per cent over the week led by 16.
India's monthly wholesale price inflation (WPI) stood at 9.89 percent in February.
NCDEX GUARGUMJODHPURJUL12 20 July 2012
contract was trading at
Rs 0 . What's your view on it?
After reading this article, people also read:
