Food inflation records slight fall
Food inflation, as measured by the Wholesale Price Index (WPI), stood at 12.21 per cent in the previous week ended October 22. The rate of price rise of food items stood at 12.68 per cent in the corresponding week of the previous year.
As per data released by the government today, vegetables became 26.05 per cent costlier on a year-on-year basis during the week ended October 29. Pulses grew costlier by 13.27 per cent, fruits by 11.70 per cent and milk by 11.79 per cent.
Eggs, meat and fish also became 12.74 per cent more expensive on an annual basis, while cereal prices were up 4.07 per cent.
However, onions became 19.31 per cent cheaper. Wheat prices were also down 1.77 per cent year-on-year during the week under review.
Inflation in the overall primary articles category stood at 11.43 per cent, 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 per cent during the week under review.
Fuel and power inflation stood at 14.50 per cent during the week ended October 29, unchanged from the previous week.