Saturday, April 26, 2014

Food inflation in double digits again three weeks later came the digital living. Last rose 12.13 pe


Food inflation in double digits again three weeks later came the digital living. Last rose 12.13 per cent during the week ended December 11. Food inflation increased for the third consecutive week ay Nb and Finance Minister Pranab Mukherjee told this is a major reason for the surge in prices of onion. Mukherjee told reporters here, "I fear that something may come in food products, weekly fluctuations is still high prices of onion may be a factor, however, to overcome the steps we have . " According to government data released today 9.46 percent the week before food inflation rose 2.67 percentage points to 12.13 percent, the highest level of the previous six weeks. The rise in food inflation kitchens by design hitting the common man is lying on the kitchen budget kitchens by design because the onion, fruits, eggs, meats, fish, milk and vegetable kitchens by design prices increase. Economists believe that in view of the developments, RBI may hike key rates. Fluctuations in food inflation is limited to three consecutive weeks before but it was double the figure below. Since January this year, food inflation remained in double digits consistently. Only for two weeks in July had moved down from the double figures. Annual basis, onion prices in the week at 33.48 percent, 20.15 percent, prices of fruits, egg, meat and fish prices of 19.35 percent, 15.54 percent and prices of vegetables, milk prices increased 17.83 percent. However, on a week to week basis, onion prices grew by 4.56 per cent. Cabinet Secretary KM Chandrasekhar kitchens by design said, "Onion prices are bound to be some impact on inflation. Milk prices have increased in the last few weeks. It also would have some effect, but we have reached the top spot. (Language)
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