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Food inflation at 10.05 pct y/y on Aug 20 - govt
NEW DELHI |
NEW DELHI (Reuters) - India's Food price index rose 10.05 percent, its highest in nearly six months, and the fuel price index climbed 12.55 percent in the year to Aug. 20, government data on Thursday showed.
In the previous week, annual food and fuel inflation stood at 9.80 percent and 13.13 percent respectively.
The primary articles index was up 12.93 percent, compared with an annual rise of 12.40 percent a week earlier.
The Reserve Bank of India (RBI) has raised interest rates 11 times since March 2010 to tame headline inflation, which stood at 9.22 percent in July.
The RBI continues to expect inflation to start easing by November-December and was watching for signs of moderation in demand, Deputy Governor Subir Gokarn had said last week.
(Reporting by Rajesh Kumar Singh; editing by Malini Menon)
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