Inflation Of Food Increased 16.37 percent On Week Ended Oct 2

Inflation Of Food Increased 16.37 percent On Week Ended Oct 2inflation of Food increased marginally to 16.37 percent for that week ended Oct 2, on the rear of greater costs of fruits, cereals,milk and select vegetables .

Following decreasing in the last week, food costs once again took a northward velocity as well as went up by 13 percent points. Food inflation was 16.24 percent for the week ended Sept 25.

According to the most recent figures, food inflation was influenced mainly by higher costs of wheat, pulses and rice .

Apart from, vegetables turned costly by 19.84 percent on yearly basis, the greatest rise in several months.

Official data unveiled here indicated that on an yearly basis, cereals costs have increased by 5.06 percent.

Costs of pulses increased by 4.89 percent on a annual basis. Additionally, rice and wheat became more expensive by 2.82 percent and 6.88 percent , respectively.

Amid some other food items, milk costs jumped by 21.65 percent during the week in comparison to the same time period in 2009, although fruits became more expensive by 12.75 percent.

Onion costs moved up by .24 percent yr-on-yr. Nevertheless, potato costs continued to drop as well as revealed a decrease of 49.36 percent.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Stock Splits

Stock Splits [ad name="468x15- 5 link"] what is a stock split? A stock split is really a procedure helpful to enhance the number of stocks in order to issue ...…

Foreign Institutional Investors In India

Foreign Institutional Investors In India Foreign capital flows have come to be acknowledged as one of the significant sources of funds for economies that would like to raise at a ...…

After Tax

After Tax After Tax When you are investing in loan tools such as bonds, debentures or fixed deposits, and when you are an incom_tax payer, it's ...…

Reason For Company Issue Shares To The Public

Reason For Company Issue Shares To The Public Most firms are generally began privately through their promoter(s). However, the promoters capital and also the borrowings from financial institutions as well as banks may ...…

Primary Markets?

Primary Markets? The market in which investors have the initial opportunity to buy a newly issued security ( IPO ). Companies and other groups obtain financing through ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV