Food price index down 0.42 pct y/y on Jan 7
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Last Updated: Thu, Jan 19, 2012 12:02 hrs
India's food price index declined 0.42 percent in the year to January 7, government data on Thursday showed, compared with an annual drop of 2.9 percent in the previous week.
The fuel price index climbed an annual 14.45 percent, the same as the week before.
The primary articles price index was up 2.47 percent, compared with an annual rise of 0.51 percent a week earlier.
The rise and rise of American Punjabi hotelier
India's headline inflation slowed in December to a two-year low as food price pressure eased dramatically, but the RBI is expected to leave interest rates on hold next week as manufactured products inflation edged up from November.
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