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Inflation surges to 9.89 pc in Feb 2010
New Delhi, Mar 15: Led by the excise duty hike on fuel announced in Union Budget 2010, and increase in prices of food items, Inflation surged to 9.89 per cent as against the Jan 2010 rate of 8.56 per cent.
In
Feb
2010,
Finance
Minister
Pranab
Mukherjee
announced
an
increase
of
CET
by
Re
1/litre
which
led
to
rise
in
fuel
prices.
Petrol
prices
went
up
by
11.73
per
cent
while
high-speed
diesel
prices
surged
9
per
cent.
As per the official data released on Monday, Mar 15, the overall fuel index has gone up by 1.5 per cent.
While sugar prices went up bu 55.47 per cent in Feb 2010 from Feb 2009, potato price rose by 30 per cent and pulses by 35.58 per cent.
OneIndia News
Comments
Story first published: Monday, March 15, 2010, 18:00 [IST]
