Hike to 17.94% seen in food price inflation
Official data unveiled Thursday displayed a hike to 17.94% in India's annual food inflation based on wholesale prices, for the week ended Jan 30 from 17.56% the week before.
The data showed a hike in essential item with vegetables getting expensive by 20.93%, potatoes 40.57%, pulses 41.24% and fruits 8.67% during the 52-week period.
A further hike in index for primary articles by 15.75% was also forwarded by the limited data on the wholesale index released by the commerce and industry ministry, which also displayed a climb by 10.44% in fuel prices.
If overall inflation rate of the country, based on the wholesale prices index, is seen, then it had jumped significantly to 7.31% in December from 4.78% the previous month mainly due to higher food prices.
Here is a look at the price rise of some essential food items over the 52-week period:
- Potatoes: 40.57%
- Pulses: 41.24%
- Cereals: 12.15%
- Rice: 9.90%
- Milk: 14.16%
- Wheat: 15.47%
- Vegetables: 20.93%
- Fruits: 8.67%