Food Inflation High, 19.5 per cent on Vegetable Rates



Rising prices of pulses, potatoes and onions have pushed food inflation to as much as 19.5 percent in the fourth week of November It was 17.47 per cent for the week ended November 21.

A worried Congress president Sonia Gandhi had said during the week that “price rise of essential commodities continues to be a matter of highest concern to us.”

As per the data released today, potatoes were priced than double on an annual basis, while onions 23 per cent more. Rates of other essential commodities like rice rose by 11.75 per cent, wheat 12.60 per cent and pulses rose by 42 per cent.

At the same time, fruits were priced higher by 13 per cent while milk was 11.36 per cent more costly.

Sonia Gandhi had said she has personally spoken to the Prime Minister and the finance minister on this issue and they have assured her that the government will take “every possible step” to address the issue.



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Posted by Starwin on 10th December, 2009


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