Food inflation shot up to 8.55 per cent for the week ended May 14, the highest level in four weeks, as prices of fruits, cereals and protein-based items escalated.Food inflation, as measured by the Wholesale Price Index (WPI), was on a declining trajectory for the previous three weeks. The figure for the seven-day period under review was 1.08 percentage points higher than the 7.47 per cent inflation rate recorded in the previous week.
Showing posts with label WPI. Show all posts
Showing posts with label WPI. Show all posts
Thursday, May 26, 2011
Food inflation rises to 8.55 per cent
Food inflation shot up to 8.55 per cent for the week ended May 14, the highest level in four weeks, as prices of fruits, cereals and protein-based items escalated.Food inflation, as measured by the Wholesale Price Index (WPI), was on a declining trajectory for the previous three weeks. The figure for the seven-day period under review was 1.08 percentage points higher than the 7.47 per cent inflation rate recorded in the previous week. 
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