Vegetables, onion, potato and wheat declined as prices of essential food commodities, food inflatio

Vegetables, onion, potato and wheat declined as prices of essential food commodities, food inflation for the week ended November 26, down 6.60 per cent. Wholesale Price Index-based food inflation was eight per cent during the week ended November 19. It was 8.93 per cent during the same period last year. On an annualized basis, according to official data released on Thursday, onions mobile food vans became cheaper by 39.20 percent, 15.75 percent, while potato prices were low and wheat prices plummeted 4.70 percent. Here inexpensive vegetables were generally 1.25 percent and months of September and October, running on consecutive double digit inflation mobile food vans were granted freedom from vegetables. However, other food products are expensive on an annual level. The pulses, meat, fish, eggs are such objects. Fuel and power inflation during the week ended November 26, 15.53 percent the previous week continued. The government and the Reserve Bank of products falling mobile food vans food inflation will ease some of the criticism is due to ongoing high inflation. In the Lok Sabha, Finance Minister Pranab Mukherjee on Wednesday said that the ideal rate of inflation is around five to six percent. Food inflation has emerged as a ray of hope for a reduction in the government. Softening in the economy and the GDP growth rate of 6.9 percent during the second quarter, the lowest growth rate of the previous two years. The eight core infrastructure industries growth rate of 0.1 percent in October, which is the lowest level of the past five years. Meanwhile, inflation remains above nine percent from December mobile food vans 2010, while in October of this year stood at 9.73 percent. (Language)
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