Page 9 - Food Inflation
Higher food inflation pushes WPI up
The Wholesale Price Index (WPI) has risen to 0.34 per cent, for the first time since October 2014. This was led by higher food inflation especially in pulses, vegetables, and milk. Fuel inflation continued to fall, albeit at a slower pace, in April, while core inflation as measured by the CRISIL Core Inflation Indicator (CCII) rose to 1.82 per cent from 1.04 per cent earlier, driven by higher inflation in manufactured food products and beverages.Food inflation (primary plus manufactured food) rose to 5.4 per cent from four per cent in March due to a rise in both primary and manufactured food inflation. Primary food inflation inched up to 4.2 per cent from 3.7 per cent, led by higher inflation in pulses (at 36.4 per cent), vegetables, milk, and spices. Inflation in processed food jumped to eight per cent from 4.5 per cent in March on the back of a rise in sugar, edible oils, and tea & coffee processing inflation.In the 'fuel and power' category, prices fell at a slower rate as infla
 "Higher food inflation pushes WPI up")
Food inflation to remain under check on subdued price trend
Sequel to optimistic monsoon forecast, besides high base of last year, say analysts
 "Food inflation to remain under check on subdued price trend")
WPI stabilises on lower food inflation
Excluding food products, CCII was only mildly positive at 0.1 per cent
 "WPI stabilises on lower food inflation")
