Nov
30
2009
PRICE FEVER AT BOILING POINT
Posted in News |
NEW DELHI, NOV 29: SOARING prices of potato, pulses and onion have led to food inflation shooting up to 15.58 per cent for the second week of November, official data showed,. Food inflation was 14.55 per cent for the week ended November 7.
According to the inflation data, potato prices rose by 111 per cent, pulses by 35 per cent and onion by 27 per cent in the one-year period ending November 14.
Staple items like wheat and rice rose by 12 per cent each during the period. Vegeatable prices rose by 12 per cent during the same period.
The Finance Minister, Mr Pranab Mukherjee, told parliament that the goverment would take all measures to contain rising prices and asked states to play a more effective role in improving supply situation of essential commodities.
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