New Delhi, Jan 15: With food items such as sugar, potatoes and pulses getting dearer, the wholesale prices-based Inflation rate for Dec 2009 jumped to 7.31 per cent.
This is much higher than the Reserve Bank of India (RBI) forecast of 6.5 pc-level by fiscal end.
The food inflation, which is measured based on prices of non-processed food articles, for Dec 2009 was at 19.17 per cent.
However, the food inflation measured for the week ending Jan 2 was marginally lower 17.28 per cent.
If the food inflation continues to ease, the overall inflation will also go down.
OneIndia News
This is much higher than the Reserve Bank of India (RBI) forecast of 6.5 pc-level by fiscal end.
The food inflation, which is measured based on prices of non-processed food articles, for Dec 2009 was at 19.17 per cent.
However, the food inflation measured for the week ending Jan 2 was marginally lower 17.28 per cent.
If the food inflation continues to ease, the overall inflation will also go down.
OneIndia News
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