NEW DELHI: Annual food inflation eased to 12.63% for the week ended June 26, but fuel inflation shot up to 18.02% after the hike in rates of petroleum products.
The rate of price rise of food items was 12.92% in the previous week ended June 19.
Vegetable prices fell by over 4% year-on-year, led by a massive decline in rates of potato and onion. Potato became cheaper by over 42%, while onion by 8.75% on an annual basis.
Fuel inflation for the week under review, however, rose sharply to 18.02% after the impact of fuel price hike by the government on June 25. Prices of petrol and diesel raised by up to Rs 3.50 a litre, while that of LPG and kerosene were hiked by 35 per cylinder and Rs 3 a litre respectively.
Fuel inflation for the week ending June 19 stood at 12.90%.
Overall inflation for May was 10.16%, led by high food prices.
Food inflation had remained above the 16% level for most part of the year. However, it had fallen sharply for the week ended June 19 to 12.92%, from 16.90% in the week ago.
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