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Thursday, December 17, 2009

Food inflation at 19.95 vs 19.05 for Dec 1st week

Galloping prices of potatoes and pulses raised food inflation to 19.95 per cent in the first week of December against 19.05 per cent in the previous week.

On an annual basis, potato prices more than doubled at 136 per cent and pulses became costly by over 40 per cent, while onion rose by 15.4 per cent.

The spike in prices was significant also on a weekly basis, with urad and spices rising by 3 per cent while milk rose by 2 per cent.

At the same time, maize, barley, pork, masur and wheat was costlier by one per cent each.


source:ptinews

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