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India food inflation edges up at 17.87 percent

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NEW DELHI (Commodity Online) : India’s wholesale based food inflation remained near 18 percent in the 12 months to Feb. 20.

According to official figures from Commerce ministry, food price index rose 17.87 per cent for the period while the fuel price index was up 9.59 per cent.

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The rise in the food price index was higher than an annual rise of 17.58 per cent in the previous week.

India's primary articles price index was up 15.0 per cent year-on-year as on Feb. 20.

India's annual wholesale price inflation picked up to 8.56 per cent in January, compared with 7.31 per cent last December.



NCDEX WHEATDELHIJUL12 20 July 2012 contract was trading at Rs 0 . What's your view on it?
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