India hits double digit growth in food inflation

[LetsGetRowdy]

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Food inflation is back in double digits after a gap of a month-and-a-half and stood at 10.60 per cent for the week ending October 8 on the back of costlier vegetables, fruits, milk and protein-based items.

Food inflation, as measured by Wholesale Price Index (WPI), stood at 9.32 per cent in the previous week. The rate of price rise of food items stood at 15.72 per cent in the corresponding week of 2010.

As per data released by the government today, vegetables became 17.59 per cent more expensive year-on-year during the week ended October 8. Fruits grew dearer by 12.39 per cent, milk by 10.80 per cent and eggs, meat and fish by 14.10 per cent on an annual basis.

Pulses also became dearer by 7.42 per cent and cereal prices were up 4.73 per cent year-on-year.

However, onions became 11.27 per cent cheaper and wheat prices were down 0.18 per cent during the week under review.

Food inflation back in double digits - Indian Express

what indians want they seem to get in another way..

double digit economic growth? nah, how about double digit food inflation?
#1 super power? nah, how about #1 in public def******?

indians should stop "wanting" and start "doing". instead of complaining about this and that why don't they actually do something to make a change? guess thats what makes indian different from regular people.

[Veritas]

Double digit? Is that what's India has been dreamed for decades?

China inflation dips but food costs remain high - Telegraph

China also has the same problem.. Its not easy to feed Billion+ population.

[vikrams]

Oh ,thanks for reminding.
BTW if people are so worried of inflation,they will vote out this corrupt Govt.

[Chinese-Dragon]

India's overall rate of inflation is 9.7%, almost double digits already.

China's overall rate of inflation is 6.1%.

Financial Times - China inflation dips to 6.1% in September

So basically, India has lower GDP growth, yet higher inflation than we do.

[IndoCarib]

This is just a passing phase By March 2012 inflation will reduce as per Ahluwalia

India's end-March inflation seen lower than 8 pct - Ahluwalia | Reuters

And China's inflation was almost reached double digits in 2008

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[Huan]

Basically, India's real economy is a joke as compared to China's. ^^

[RazPaK]

Well with toilet museums, call centers,and hate for Pakistan, India has forgotten about the things they should be focusing on. My well wishes to all Indians. I hope you guys stop hating Pakistan and finally agree to peace with us and China.

[Chinese-Dragon]

Wow... that is awful, that is on a whole different level.

You're pretty much at double-digit inflation most of the time!

[RockyX]

Basically, India's real economy is a joke as compared to China's. ^^

High Inflation is everywhere. High food inflation is due to high commodity price, High Interest rate and delay monsoon. Learn basic of economics before saying such things.

For China also, Food Inflation is also very high. So, China economy is also JOKE.

China - Food inflation concerns

Food prices fuel inflation in China

[RockyX]

China Inflation rises from -2% to 6%-7%. Big Jump !!

[Chinese-Dragon]

Looking at the charts above, it seems that India's inflation rate is usually near the double-digit line.

How much of India's economic growth has been pure inflation?

[kawaraj]

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India's econ policy is not effective, at least in inflation curbing.

You guys really need change a FM.