Web Analytics Business News This Week Food inflation declined to 15.53% from 16.37% | Business News This Week

Oct 21, 2010

Food inflation declined to 15.53% from 16.37%

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Food inflation has been declined by 0.84 per cent to 15.53 per cent for the week ended October 9. The previous week the food inflation in India was at 16.37 per cent.

It is believed that due the supply improvement in Indian market the food inflation down by few points. This could be a great sign for many and relief as the prices of vegetables are being decreased.

In fact, still the household budget of common men is not under control due the food inflation and inflationary situation in Indian economy.

Further more regulations from the Reserve Bank of India are expected to tame the inflation in India.

As the county and its people are gearing up for festivals, the prices of good & services may go up if there any sort bottleneck practices are made.


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