Food inflation down to single digit at 9.67 pc

Jul 29, 2010 |

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New Delhi, July 29: Food inflation fell to single digit at 9.67 per cent for the first time this year at a time when the government is facing a concerted Opposition attack on rising food and fuel prices.

Inflation fell by 2.80 percentage points for the week ended July 17 from 12.47 per cent in the previous week, as prices of vegetables, especially potatoes and onions,declined.

On a yearly basis, potatoes became cheaper by over 46 per cent and onions by over 10 per cent. Overall vegetable prices fell 14.77 per cent, according to data released by the government today.

However, prices of pulses, milk and fruits rose by 21.23 per cent, 19.03 per cent and 12.14 per cent respectively.

On a weekly basis, prices of onions fell by 0.66 per cent, while that of potatoes inched up by 2.06 per cent.

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