Food inflation at 9.46 pc for week ended Dec 4
Food inflation at 9.46 pc for week ended Dec 4
Food inflation is up again for the second week in a row, being pegged at 9.46pc for week ended December 4.

New Delhi: Food inflation rose to 9.46 per cent (from 8.60 per cent in the last week) for the week ending on December 4 due to higher prices of essential commodities like rice, vegetables, milk and fruits.

This is the second consecutive week in which food inflation has increased.

The data was released just half an hour before the Reserve Bank of India's mid-quarterly review of the monetary policy on Thursday, in which it is expected to take stock of the inflation situation and decide on an appropriate course of action.

While prices of rice rose by 1.47 per cent, vegetables by 1 per cent, milk by 17.76 per cent and fruits by 19.75 per cent on an annual basis, pulses and wheat prices declined by 4.24 per cent and 11.46 per cent, respectively.

In addition to this, the fuel and power product index increased by 10.67 per cent on a year-on-year basis.

Furthermore, onions became costlier by 29.93 per cent on an annual basis.

Meanwhile, overall inflation declined to 7.48 per cent in November from 8.58 per cent in the previous month.

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