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Food inflation eases, but fuel prices keep up pressure

Food inflation fell to 16.30 per cent for the week ended March 6 on easing prices of pulses and vegetables, but fuel inflation shot up to 12.68 per cent.

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Food inflation fell to 16.30 per cent for the week ended March 6 on easing prices of pulses and vegetables, but fuel inflation shot up to 12.68 per cent.

For the previous week, food inflation was at 17.81 per cent and fuel inflation at 11.38 per cent.

Vegetable prices showed a marked decline of more than 10 per cent over the week, followed by about 4 per cent fall in prices of pulses. Urad and arhar prices was down 6 per cent each during the week. However, the easing in food prices has been marred by rising fuel inflation giving no respite to the overall inflation that has been consistently rising since it came out of sub-zero levels in September last year.

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