India's food inflation softens to 16.81 pc

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India's food inflation softens to 16.81 pc
New Delhi, Jan 21: Indian food inflation softened to 16.81 per cent for the week ended Jan 9, led by lower fruit and vegetable prices.

The food inflation (prices of non-processed food articles) stood at 17.28 percent in the previous week.

The government data release said, on year-over-year basis prices of vegetables rose by 7.95 per cent and that of fruits by only 3.73 per cent.

Milk prices soared by 13.95 per cent and is expected to surge further on lower availability.

Potato remained expensive during the period rising as much as 49.31 per cent from last year, followed by prices of pulses which jumped by 47.90 per cent.

The inflation for primary articles, which include food and non-food items, stood at 13.93 per cent in the reporting week over the previous year.

OneIndia News

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