India's food inflation declines

Jul 21, 2011 |

IANS

New Delhi

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Food inflation declined to 7.58 per cent for the week ending July 9, compared to 8.31 per cent in the previous week as prices of onions, milk, eggs and meat eased, according to official data released Thursday.

Food inflation had shot up for the week ending July 2.

The primary articles index also fell to 11.13 percent for the week under review, compared to 11.58 percent in the previous week, according to data released by the ministry of commerce and industry.

The index for fuels and power continued to hold steady at 11.89 per cent for the week ended July 9. The index for non-food articles, however, rose 15.5 per cent from 15.2 per cent in the previous week.

Onion prices rose at a slower 19.68 percent year-on-year, compared to the rise of 30.72 percent seen in the previous week, while milk prices eased to 10.76 percent.

Eggs, meat and fish prices also grew at a slow 7.97 per cent.

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