Thursday, 28 April 2011

Food inflation at 8.76%

    India's food price index rose 8.76% and the fuel price index climbed 13.53% in the year to April 16.In the previous week, annual food and fuel inflation stood at 8.74% and 13.05%, respectively.

The primary articles price index was up 12.08%, compared with an annual rise of 11.96% a week earlier.The wholesale price index-based inflation , the most widely watched gauge of prices in India, rose 8.98% in March from a year earlier, higher than February's 8.31% rise.

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