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Food inflation rises to 16.55% for the week ended 22nd May

The rise in food inflation has been attributed to higher prices of pulses, fruits and vegetables

Food inflation rose to 16.55% cent for the week ended 22nd May 22, 0.32 percentage points higher from 16.23% in the previous week, reports PTI.

The rise in food inflation has been attributed to higher prices of pulses, fruits and vegetables.

The uptick was mainly due to a 7% increase in fish marine prices, 5% rise in prices of poultry chicken, 2% in prices of barley and masur each and 1% increase in prices for fruits and vegetables.

However, coffee turned cheaper by 5% while wheat prices eased by 1%.

Among non-food articles, raw rubber prices rose by 5% and raw silk and castor seed by 4% each.

The inflation for primary articles rose to 16.89% for the week as compared to 15.90% in the previous week while the fuel group inflation surged to 14.14% against 12.08% in the previous week.

On an annual basis, prices of pulses rose by 30.84%, milk by 21.12% and fruits by 13.74%.

The overall inflation for April stood at 9.59%, moderating slightly from 9.90% in March, according to the provisional data.

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