India's Food price index rose 10.05%, its highest in nearly six months, and the fuel price index climbed 12.55% in the year to August 20, government data on Thursday showed.
In the previous week, annual food and fuel inflation stood at 9.80% and 13.13% respectively.
The primary articles index was up 12.93%, compared with an annual rise of 12.40% a week earlier.
India's central bank has raised interest rates 11 times since March 2010 to tame headline inflation , which stood at 9.22% in July.
The Reserve Bank of India (RBI) continues to expect inflation to start easing by November-December and was watching for signs of moderation in demand, Deputy Governor Subir Gokarn had said last week.
No comments:
Post a Comment