Business Daily from THE HINDU group of publications
Friday, Aug 13, 2010
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Foreign Exchange
Shipping
Archives
Google

Group Sites

Home Page - Economy
Agri-Biz & Commodities - Commodities
Food inflation at 11.40% on costlier pulses, milk

Inflation rate in fuel prices slows to 12.66%.

Our Bureau

New Delhi, Aug. 12

Food inflation, based on the Wholesale Price Index (WPI), witnessed an upsurge during end-July, after having dipped for two straight weeks. The annual food inflation increased 11.40 per cent during the week ended July 31 from the previous week's year-on-year rise of 9.53 per cent, mainly on account of a surge in items such as milk and pulses, official data released on Thursday showed.

The increase in the fuel prices index, however, slowed to 12.66 per cent on an annual basis during the latest week as against 14.26 per cent recorded in the previous week.

The primary articles index gained 15.66 per cent compared with the previous week's 14.36 per cent.

On a sequential basis, the primary articles group index declined 0.1 per cent as the index for ‘food articles' group dipped by 0.2 per cent due to lower prices of fruits and vegetables, arhar, fish-marine, masur and bajra (one per cent each). However, the prices of coffee (three per cent), tea (two per cent) and condiments and spices (one per cent) moved up.

The index for ‘non-food articles' group was up 0.2 per cent due to higher prices of raw silk (four per cent), copra (two per cent) and raw rubber, gingelly seed, groundnut seed, cotton seed and tobacco (one per cent each). However, the prices of rape and mustard seed (one per cent) declined. The fuel index remained unchanged at its previous week's level, the data showed.

Related Stories:
Food inflation rate eases marginally to 9.53%
Better ways to control inflation
‘Food inflation, a cause for concern'

More Stories on : Economy | Commodities

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
26% below-normal rainfall last week


Scrap security norms on gear imports, DoT told
Food inflation at 11.40% on costlier pulses, milk
US economy: Gloomy outlook
Industrial growth slips to single digit; 7.1% in June
Vedanta in talks to buy stake in Cairn India
Atul Sobti quits Ranbaxy
Corus turnaround puts Tata Steel in the black
Hercules Hoists (Rs 276.5): Buy
Day Trading Guide
Ranbaxy Q2 profit falls 52% on forex losses
M&M to drive global ambitions with SsangYong
TVS Motor to re-start twin spark-plug Flame
TCS top IT exporter of FY10; Genpact leads BPO pack
SBI may raise Rs 20,000 cr via rights issue this year
SBI signals hike in prime lending rate
BlackBerry-maker gets time till month-end to address concerns
Black, bold and bountiful





The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2010, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line