NEW DELHI: The country's food price index rose an annual 8.53% in the year to April 23 while the fuel and power index stood at 13.53% in the same period, data released by the commerce ministry showed on Thursday.
Food inflation in the year to April 23 was a shade lower than the previous week's 8.76%.
Food prices have moderated in the past few weeks but have stayed above 8% while the wholesale price index has remained around 9% for March. WPI inflation data for April is likely to be released next week.
The primary articles price index rose 12.11%, marginally higher than the previous week's of 12.08%.
The Reserve Bank of India (RBI) has raised interest rates nine times since March 2010 to tame inflation and has said it is ready to sacrifice growth to tackle price pressures.
toi
Food inflation in the year to April 23 was a shade lower than the previous week's 8.76%.
Food prices have moderated in the past few weeks but have stayed above 8% while the wholesale price index has remained around 9% for March. WPI inflation data for April is likely to be released next week.
The primary articles price index rose 12.11%, marginally higher than the previous week's of 12.08%.
The Reserve Bank of India (RBI) has raised interest rates nine times since March 2010 to tame inflation and has said it is ready to sacrifice growth to tackle price pressures.
toi
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