Food inflation at 10.05 pct y/y on Aug 20 - govt
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)
- Tweet this
- Share this
- Digg this
- UPDATE 4-Malaysia Airlines plane crashes in South China Sea with 239 people aboard - report
- UPDATE 3-U.S. FDA probes cognitive impact of new cholesterol drugs
- Malaysian plane with 239 aboard crashes - report
- Malaysia Airlines loses contact with plane carrying 239 people
- No signal picked up from missing Malaysia Airlines plane - Vietnam official
PLANE LOSES CONTACT
A Malaysia Airlines flight carrying 227 passengers and 12 crew from Kuala Lumpur to Beijing went missing over the South China Sea on Saturday, prompting China to send ships to scour the water for possible wreckage. Full Article | Video