Prices rise: Food inflation at 11.49%

Food inflation rose marginally to 11.49 per cent for the week ended February 12 from 11.05 per cent in the previous week, driven by rising prices of milk, egg, meat and vegetables.

The marginal rise in food inflation for the seven-day period ended February 12 snaps a fortnight of consecutive decline during the weeks ended January 29 and February 5.

Food inflation stood at 21.82 per cent in the corresponding year-ago period.

As per wholesale price index (WPI) data released today, prices of eggs, meat and fish rose by 14.79 per cent in the week ended February 12.

Similarly, milk prices rose by about 17 per cent.

Vegetable prices rose by 15.89 per cent in the week under review, despite a 9.72 per cent decline in potato prices.

Wheat and pulses prices also dipped by 1.01 per cent and 5.62 per cent, respectively, during the week under review.

Cereal and rice prices rose by 2.07 per cent and 1.65 per cent, respectively, during the week ended February 12.

As per the WPI data, inflation in primary articles was 15.77 per cent for the week ended February 12, down from 21.82 per cent in the year-ago period.

Inflation in the non-food articles segment stood at 31.58 per cent in the week ended February 12, as against 13.94 per cent in the same period last year.