Food inflation declines to 11.81% for week ended 29 Oct

New Delhi: Food inflation declined marginally to 11.81 percent for the week ended 29 October, but the slight moderation in the rate of price rise provided little respite to consumers burdened by high prices of essential kitchen staples like vegetables and pulses.

Food inflation, as measured by the Wholesale Price Index (WPI), stood at 12.21 percent in the previous week ended 22 October. The rate of price rise of food items stood at 12.68 percent in the corresponding week of the previous year.

[caption id=“attachment_128939” align=“alignleft” width=“380” caption=“Eggs, meat and fish also became 12.74 percent more expensive. AFP”]  [/caption]

As per data released by the government today, vegetables became 26.05 percent costlier on a year-on-year basis during the week ended 29 October. Pulses grew costlier by 13.27 percent, fruits by 11.70 per cent and milk by 11.79 percent.

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Eggs, meat and fish also became 12.74 percent more expensive on an annual basis, while cereal prices were up 4.07 percent.

However, onions became 19.31 percent cheaper. Wheat prices were also down 1.77 percent year-on-year during the week under review.

Inflation in the overall primary articles category stood at 11.43 percent, compared to 12.08 per cent in the previous week. Primary articles have over 20 per cent weight in the wholesale price index.

Inflation in non-food articles, including fibres, oilseeds and minerals, was recorded at 6.41 percent during the week under review.

Fuel and power inflation stood at 14.50 percent during the week ended 29 October, unchanged from the previous week.

PTI