Food inflation in negative

Food articles continued to witness deflation for the fourth week in a row for the seven-day period ended January 14. In fact, the rate of price fall acclerated to 1.03 per cent for the week compared to 0.42 per cent in the previous one as most food items like vegetables turned cheaper and due to base effect.

However, protein based items continued to witness inflationary pressure despite moderation in the rate of price rise in pulses.