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Food inflation eases to 1.81% on Dec 10

Kesang

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Dec 5, 2011
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NEW DELHI (Reuters) - The food inflation eased sharply to 1.81 percent in the year to December 10, from an annual 4.35 percent rise in the previous week, government data showed on Thursday.
The fuel inflation remained unchanged at 15.24 percent in the latest week compared with the prior week, data showed, while the primary articles price index rose 3.78 percent, compared with an annual rise of 5.48 percent in the previous week.
India's headline inflation has stayed above 9 percent for a year, despite 13 rate increases by the central bank since March 2010.
The Reserve Bank of India, kept policy rates on hold at its policy review last Friday, sending a strong signal that its next move is likely to be an easing of monetary policy as risks to growth increase.



Food inflation eases to 1.81 pct y/y on Dec 10 | Reuters
 
can u plz post this in the Indian economy forum..

on topic--->good news at least the common people can live happier..
 
can u plz post this in the Indian economy forum..

on topic--->good news at least the common people can live happier..

Soory. Its my first when I posted any thread.

BTW. Hi heard that this happen because of decline cost of vegetable and fruits.
 

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