Food inflation rises to 14.55%
NEW DELHI: Food inflation shot up to 14.55% for the first week of November as pulses, mutton and spices turned costlier. Against this, food inflation stood at 13.68% for the week ended October 31.
Prices of urad rose by 9%, mutton and moong by 4% each, while condiments & spices, barley, wheat and bajra turned dearer by 3% each compared to the previous week.
Besides, raw jute prices increased by 7%, fodder by 5% and raw cotton by 3%.
However, on the weekly basis, poultry chicken and fruits & vegetables became cheaper by one per cent each.
Among fuels, prices of aviation turbine rose by 11% while that of furnace oil was up one per cent.
On an annual basis, prices of potatoes have more than doubled, while onions have become expensive by about 40%.
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