Inflation and Food Inflation data for week ending 17th july 2010

• Author: Lalitha
• Filed under: Inflation, order news
• Date: Jul 29,2010

Inflation data has come put today and “The annual rate of inflation, calculated on point to point basis, stood at 14.50% (Provisional) for the week ended 17 July 2010 compared with 16.48% last week “.

The index for ‘Food Articles’ group rose by 0.6% to 299.3 (Provisional) from 297.6 (Provisional) for the previous week due to higher prices of fish-marine (3%), gram and milk (2% each) and mutton, urad, wheat, tea and maize (1% each). Meanwhile, the prices of fish-inland and rice (1% each) declined. The annual rate of food inflation eased to 13 months low of 9.7% in the week ended 17 July 2010 its down to a single digit now.