Weekly Food Inflation at 6.6 Pct Y/Y
Food inflation in the country has eased, sharply, to 6.60 percent from 8.00 percent in the previous week, in the year to Nov. 26, according to government data released on Thursday.
Fuel inflation, however, remained unchanged at 15.53 percent in the latest week, the data showed.
The Primary Articles Index was up 6.92 percent, compared with an annual rise of 7.74 percent in the prior week.
India's headline inflation has stayed above 9 percent for the 11th month in October, despite 13 rate increases by the Reserve Bank of India (RBI) since March 2010.
In its October review, the RBI said that if inflationary pressures started to abate by December, more rate increases may not be needed.
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick