Inflation came in lower unit points excited Finance Minister Pranab Mukherjee said Thursday that hopefully will continue to decline in the prices of goods.He said that two weeks of October, food inflation and non - food inflation is coming down. Decline in food inflation.
The Finance Minister said that in general I do not believe on weekly data, but if this trend continued, then, we should expect better results. Double-digit food inflation for the week ended November 12 at 9.01 per cent fell below the psychological level.
However, despite this, potatoes, onions and wheat Except food prices still remain higher than last year. Food inflation based on Wholesale Price Index on the previous week was 10.63 per cent. Inflation of food products during the same week last year was 11.38 per cent.
The Finance Minister said that in general I do not believe on weekly data, but if this trend continued, then, we should expect better results. Double-digit food inflation for the week ended November 12 at 9.01 per cent fell below the psychological level.
However, despite this, potatoes, onions and wheat Except food prices still remain higher than last year. Food inflation based on Wholesale Price Index on the previous week was 10.63 per cent. Inflation of food products during the same week last year was 11.38 per cent.