India's food inflation -3.36pc on December 24 y/y

NEW DELHI: India's food inflation turned negative in the year to Dec. 24, at -3.36 percent, while fuel inflation acceler
05 Jan, 2012

In the previous week, annual food and fuel inflation stood at 0.42 percent and 14.37 percent, respectively.

The primary articles price index was up 0.10 percent, compared with an annual rise of 2.70 percent a week earlier.

India's headline inflation has stayed above 9 percent for a year, despite 13 rate increases by the central bank since March 2010.

Copyright Reuters, 2011

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