Food inflation dips marginally to 10.15 pc

Price of food items like pulses and vegetables declined during the week on improved availability after the end of the monsoon season. While pulses' prices fell by 7.58 per cent, vegetables became cheaper by 3.76 per cent on account of a sharp dip in potato prices that reduced by as much as 48.70 per cent during the week.

However, food items like egg, meat and fish rose by about 23 per cent. In vegetables, onion was expensive by 17.03 per cent on annual basis. Also, fruits and milk became costlier by 21.85 per cent and 16.90 per cent, respectively, on year-on-year basis.

Decline in food inflation has raised hopes that overall inflation may decline to around 6 per cent by the end of the year, as predicted by the government.

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