Web Analytics Business News This Week Food Inflation drops by 2% to 10.3% | Business News This Week

Nov 18, 2010

Food Inflation drops by 2% to 10.3%

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The food inflation is down by 2 per cent and stood at 10.3 per cent for the week ended November 6. Last week the food inflation was at 12.3 per cent.

The fall in the food inflation is a greater relief for the consumers as well as the government.

There are speculations the continues fall in the food inflation may ease the inflation and its pressure on Indian economy. Last year, the inflation was recorded at 13.99 per cent.

Experts believe that the dip in food inflation may bring down the inflation to around 6 per cent by the year end.

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