India is still dogged by inflation. The data released by the government showed that the country's food price index rose to 12.21 percent, its highest in 9 months. Food inflation last week was 11.43 percent.

The government data showed that vegetables are 28.89% costlier on a year-on-year. Pulses are costlier by 11.65%, fruits by 11.63%, milk by 11.73%, non-veg items by 13.36% and cereal by 4.13%. However, onion is cheaper by 20.33% and wheat by 1.54%. On the whole, primary articles price index was up by 12.08 percent, compared to annual rise of 11.75 percent a week earlier.

The data showed that fuel price index fell to 14.50 percent in the week ended October 22 from 14.70% in the previous week. Fuel price index in the comparable week of the previous year was at 10.67%.

It may be recalled that the Reserve Bank of India raised the interest rates last month for the 13th time, expecting that high inflation will start easing from December onwards.

Food Price Index
Food Inflation: No Stopping