India's food inflation eases marginally to 16.24%
NEW DELHI (Commodity Online): India's annual food inflation eased somewhat to 16.24% for the week ended September 25 against 16.44% in the previous week, as supplies of essential items resumed in most of the parts of the country after witnessing a sustained disruption due to heavy rains and floods in parts of the country.
However, the annual inflation rate for the primary articles group stood at 18.53% during the week under review, higher against 18.31% recorded in the week ended September 4.
The statistics released by the government today revealed the data showing that the index for fuels was unchanged at 10.73% during the week.
The food articles' prices had been on the rise from August 14, when it was registered at 10.05%, and within a short span of a month, the index went up by 6.4% points.
In the past 52-weeks, some of the key food commodities prices hovered upwards, barring potatoes that fell almost half during the period. Cereals witnessed a rise of 5.26%, while Rice prices advanced 3.86%. Wheat and Vegetables prices rose 6.49% and 7.65% respectively, while milk and fruits prices gained 24.88% and 15.65% respectively during the period under consideration.
Potato prices come down by 50.81%, while onions witnessed a price rise of 9.85%.