Food inflation climbs...Fuel inflation steady

The annual rate of inflation in the food space increased in the fourth week of September while inflation in the fuel group remained unchanged, data released by the Government showed on Friday. Annual inflation in the Food Articles group rose to 9.41% in the week ended Sept. 24 versus 9.13% in the preceding week, the Commerce & Industry Ministry said in a statement. It was at 16.88% in the corresponding period of last year. Inflation in the Primary Articles group fell to 10.84% in the week under review, from 11.43% in the week ended Sept. 17, according to the CommerceMinistry statement. It was at 19.58% in the year-ago period. Inflation in the Fuel & Power group was at 14.69% in the week ended September 24, unchanged from the previous week, the Government data showed. It was at 10.80% in the comparable week of the previous year. Inflation in the Non-Food Articles space declined to 10.77% in the week under review from 12.89% in the previous week, the Government data showed today. It was at 24.73% in the same period a year earlier. Inflation in the Minerals group stood at 21.05% in the week ending September 24 versus 24.73% in the week ended Sept. 17, according to the Commerce Ministry data. Inflation in this group stood at 29.61% in the year-ago period. On an annual basis, onions turned costlier by ~10.6% in the week under consideration, vegetable prices were up ~14.9% on an annual basis. Fruits turned costlier by ~11.7% year over year, while Milk prices increased ~10.35% and Egg, Meat & Fish became pricey by ~10.33% compared to the year-ago period.