Food inflation eases further to 9.53 per cent
India's annual food inflation came down to 9.53 per cent for the second straight week ending July 24 from 9.67 per cent a week earlier, official data released on Thursday showed.
The fuel prices index also slipped marginally to 14.26 per cent compared to 14.29 per cent recorded in the previous week.
It was for the first time last week that food inflation had dropped to single digits at 9.67 per cent. It had remained above the 16 per cent level for most part of the year, before falling to below 13 per cent in mid-June.
Data released by the commerce ministry showed the decline was mainly due to the fall in prices of vegetables, especially potatoes and onions.
The primary articles index rose at a slower pace at 14.36 per cent, compared to the previous week's increase of 14.5 per cent per cent.
Following are the rise and fall in prices of some of the main commodities that form the sub-index for food articles over the past 52 weeks:
Cereals: 6.87 per cent
Rice: 7.28 per cent
Wheat: 6.79 per cent
Pulses: 20.49 per cent
Vegetables: (-)17.32 per cent
Fruits: 8.38 per cent
Milk: 19.03 per cent
Potatoes: (-)41.14 per cent
Onions: (-)4.06 per cent
Wholesale price inflation, the measure for overall increase in prices, was at 10.55 per cent in June.
The finance minister, Mr Pranab Mukherjee, said in the Lok Sabha on Wednesday that a good kharif (summer crop) output, would bring down prices of pulses and edible oils, which have remained stubbornly high.
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