India’s Food Inflation at 8 Percent

India's Food Price Index rose 8 percent, which is its slowest pace in nearly 4 months, and the Fuel Price Index climbed 15.53 percent in the year (calculated till Nov. 19), government data released on Thursday showed.

In the previous week, annual food and fuel inflation figures stood at 9.01 percent and 15.49 percent, respectively.

The Primary Articles Price Index was up 7.74 percent, compared with an annual rise of 9.08 percent a week earlier.

India's headline inflation has stayed above 9 percent for the 11th month, despite 13 rate increases by the central bank since March 2010.

In its October review, the Reserve Bank of India had said if inflationary pressures started to abate by December, more rate increases may not be needed.