Just In: food inflation at 9.13% vs 8.44%

Snapping three consecutive week’s declining trend, India’s food inflation for the week ended September 17, 2011 rose to 9.13% versus 8.44% seen in the previous week. According to the data released by Ministry of Commerce and Industry, the index for Food Articles group rose by 0.8% to 197.3 (Provisional) from 195.7 (Provisional) for the previous week. The index for 'Non-Food Articles' declined by 0.3% to 184.8 (Provisional) from 185.4 for the previous week.

The index for primary articles group, which has the highest weightage of 20.12% in WPI group rose by 0.4% to 202.7 (Provisional) from 201.9 (Provisional) for the previous week. The annual rate of inflation, calculated on point to point basis, stood at 11.43% for the week ended September 17 as compared to 12.17% (Provisional) for the previous week ended September 10.