Food inflation surges 14.55% on costlier pulses

Food inflation shot up to 14.55 per cent for the first week of November as pulses, mutton and spices turned costlier.

Against this, food inflation stood at 13.68 per cent for the week ended October 31. Prices of urad rose by 9 per cent, mutton and moong by 4 per cent each, while condiments & spices, barley, wheat and bajra turned dearer by 3 per cent each compared to the previous week.

Besides, raw jute prices increased by 7 per cent, fodder by 5 per cent and raw cotton by 3 per cent.

However, on the weekly basis, poultry chicken and fruits & vegetables became cheaper by one per cent each. Among fuels, prices of aviation turbine rose by 11 per cent while that of furnace oil was up one per cent.

On an annual basis, prices of potatoes have more than doubled, while onions have become expensive by about 40 per cent.