Food inflation falls to 12.47 pc

New Delhi, July 22 (PTI) Annual food inflation fell to
12.47 per cent for the week ended July 10 from 12.81 per cent
in the previous week on back of decline in prices of
vegetables, especially potato and onion.
On a yearly basis, potato became cheaper by over 45 per
cent and onion by nearly 8 per cent. Overall vegetable prices
fell by 9.92 per cent.
Prices of pulses, however, were higher by 23.79 per cent
during the week under review over the same period last year.
On a weekly basis, pulses rates softened by 0.84 per cent.
Wheat prices were higher by 5.81 per cent during the week
on yearly basis.
Overall inflation for June was 10.55 per cent, led by
high food prices. Food inflation has remained above the 16 per
cent level for most part of the year, before falling sharply
to below 13 per cent since mid-June. PTI PPB
MRD


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