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Food inflation dips to four-month low at 8.6 percent
IANS
Last Updated IST

The annual inflation rate for the primary articles group slipped at 12.72 percent during the week under review compared to 13.38 percent in the week ended Nov 13, according to data released by the commerce and industry ministry.

Food inflation as well as the inflation based on wholesale prices have moderated in the past few weeks due to aggressive monetary tightening policy adopted by the country's central bank and robust supply of essential food items.

The overall inflation based on wholesale prices fell to 8.58 percent in October from 8.62 in the month before.

Fuels and power inflation dipped to 9.99 percent, compared to 10.57 percent in the previous week.

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(Published 02 December 2010, 14:45 IST)