Food inflation at 10.86 pct y/y: Govt

Food price index rose 10.86 percent and the fuel price index climbed 12.71 percent in the year to Aug. 21, government data released on Friday showed.

Food inflation accelerated from the previous week’s annual rise of 10.05 percent and fuel inflation was at 12.57 percent in the previous week. The primary articles price index was up 15.19 percent, compared with week-ago’s reading of 14.75 percent.

The wholesale price index, the most closely watched inflation gauge in India, rose 9.97 percent in July from a year earlier after remaining above 10 percent for five months until June.

Source : http://tinyurl.com/33wl8qp

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