High potato, pulses rates push food inflation to 19.83 pc

High potato, pulses rates push food inflation to 19.83 pc
New Delhi, Dec 31 (PTI) Food inflation in India rose to
19.83 per cent for the week ended December 19 on the back of
spurting prices of potato and pulses.

In the second week of December, the food inflation was at
18.65 per cent.
Potato prices more than doubled while pulses became
costly by over 41 per cent over the last year. Onion rates
rose by 40.75 per cent.
Prices of vegetables rose by 46.7 per cent while fruits
became dearer by 10.35 per cent.
The spike in prices was significant on a weekly basis
also, with bajra and wheat becoming dearer by 12 per cent and
4 per cent respectively, while rates of rice increased by 2
per cent.
At the same time, barley and urad were rose by 1 per cent
each. However, prices of fruit and vegetables declined by
5 per cent on weekly basis.
The food inflation had declined by 1.30 percentage points
to 18.65 per cent during the second week of December.
Among the non-food articles, raw rubber turned expensive
by 3 per cent and rape and mustard seed by 1 per cent.
The fuel index remained unchanged. PTI BSP
RDM


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