Food inflation at 10.05 pct y/y on Aug 20 - govt

NEW DELHI Thu Sep 1, 2011 11:48am IST

A vendor sorts tomatoes at a wholesale vegetable and fruit market in Chandigarh January 29, 2011. REUTERS/Ajay Verma/Files

A vendor sorts tomatoes at a wholesale vegetable and fruit market in Chandigarh January 29, 2011.

Credit: Reuters/Ajay Verma/Files

Related Topics

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)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Canada Shooting

Canada Shooting

Canada's parliament attacked, soldier fatally shot nearby.  Full Article 

Earnings Season

Earnings Season

Wipro sees rosier end to year as U.S. clients spend.  Full Article 

Business Climate

Business Climate

Fears for tough penalties grow as India cleans up business  Full Article 

New Email Service

New Email Service

Google launches new email service dubbed "Inbox".  Full Article 

DLF Appeals

DLF Appeals

DLF seeks interim relief from capital market ban  Full Article 

Falling Oil Prices

Falling Oil Prices

Indian consumers respond to softer oil, food prices  Full Article 

Book Keeping

Book Keeping

RBI fires warning shots on companies' lack of FX hedging.  Full Article 

Policy Repo Rate

Policy Repo Rate

Most external members suggested rate cut in RBI's Sept review.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage