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Food inflation falls to 16.04 pc

Food Inflation further eased to 16.04 per cent for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items.

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Food Inflation further eased to 16.04 per cent for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items.

Inflation fell over 0.57 per cent from 16.61 per cent in the previous week on account of a percentage point drop in prices of fish, fruits, wheat and vegetables over the week. However, tea prices rose 13 per cent while maize, gram and eggs prices were up 1 per cent each. Prices of cereals eased by 0.19 per cent and that of rice by 0.12 per cent in the week, but pulses became costlier by 0.60 per cent.

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