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Food inflation at 9.01% YoY on Nov 12

Food price index rose 9.01% and the fuel price index climbed 15.49% in the year to Nov. 12, government data on Thursday showed.

November 24, 2011 / 14:21 IST

Food price index rose 9.01% and the fuel price index climbed 15.49% in the year to Nov. 12, government data on Thursday showed.


In the previous week, annual food and fuel inflation stood at 10.63% and 15.49%, respectively.


The primary articles price index was up 9.08%, compared with an annual rise of 10.39% a week earlier.


India's inflation in October hovered above 9% for the 11th month, in further evidence of the central bank's inability to achieve a breakthrough in its fight against price rises.


India's central bank raised interest rates last month for the 13th and possibly the final time in a tightening cycle that began 18 months ago, on hopes that persistently high inflation will finally begin to ease from December.

first published: Nov 24, 2011 12:56 pm

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