India's food inflation rises to 17.40 pc

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India's food inflation rises to 17.40 pc
New Delhi, Jan 28: India's food inflation rose to 17.40 per cent for the week ended Jan 16, a data released on Thursday, Jan 28 showed.

The wholesale price-based food inflation was 16.81 percent in the previous week ended Jan 9.

Food inflation, which was falling after touching the decade's high of about 20 per cent in Dec 2009, has risen again, driven mainly by rising prices of eggs and vegetables.

On weekly basis, the price index for food articles rose by 0.4 percent on account of higher prices of egg (6 percent) and fruit and vegetables (1 percent).

The inflation for primary articles, which include food and non-food items, stood at 14.66 per cent in the reporting week.

Potato prices soared 57.56 per cent over the last year, followed by pulses which became dearer by 46.87 per cent.

OneIndia News

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