India's Food Price Index Rises Further

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India's food price index increased 15.58% as on week ended in November 14, faster than the 14.55% growth in the preceding week, the Ministry of Commerce and Industry said on Thursday. The food price index was up 11.33% in the corresponding week of the previous year.

At the same time, the price index for primary articles rose 11.04%, compared to the 12.66% increase a year ago. Meanwhile, fuel price index dropped 1.51%, in contrast to a 6.81% growth recorded last year.

The wholesale price index or WPI rose 1.34% year-on-year in October, faster than the 0.5% growth in the previous month.

India's food price index increased 15.58% as on week ended in November 14, faster than the 14.55% growth in the preceding week, the Ministry of Commerce and Industry said on Thursday. The food price index was up 11.33% in the corresponding week of the previous year. (Market News Provided by RTTNews)