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Food inflation at 7-week low

New Delhi: Food inflation fell to a seven week low 13.07 per cent for the week ended January 29 as pulses turned cheaper, even as vegetables remain costly.

Snapping the two week rising trend, food inflation fell nearly 4 percentage points in the week from 17.05 per cent in the week ended January 22.

On an annual basis, prices of potatoes declined 8.87 per cent, while pulses fell 8.63 per cent and wheat by 3.58 per cent,, data released by the government showed.

Prices on onion, which had more than doubled in the week ended January 22, eased in the subsequent week. However, onions continued to remain dearer by 78.64 per cent for the week ended January 29.

Vegetables as a whole have turned costlier by 44.34 per cent on an annual basis.

Fruits and milk became costlier by 10.46 per cent and 11.66 per cent on a year on year basis respectively.

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