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Food price index down 0.42% YoY on Jan 7

India's food price index declined 0.42% in the year to January 7, government data on Thursday showed, compared with an annual drop of 2.9% in the previous week.

January 19, 2012 / 14:33 IST

India's food price index declined 0.42% in the year to January 7, government data on Thursday showed, compared with an annual drop of 2.9% in the previous week.


The fuel price index climbed an annual 14.45%, the same as the week before.


The primary articles price index was up 2.47%, compared with an annual rise of 0.51% a week earlier.


India's headline inflation slowed in December to a two-year low as food price pressure eased dramatically, but the RBI is expected to leave interest rates on hold next week as manufactured products inflation edged up from November.

first published: Jan 19, 2012 12:02 pm

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