At 10.01 per cent, food inflation in double digits after six years | India News,The Indian Express

At 10.01 per cent, food inflation in double digits after six years | India News,The Indian Express

At 10.01 per cent, food inflation in double digits after six years

Consumer food price inflation has touched 10.01 per cent in November, the first time it has crossed single digits since December 2013. What is striking is how quickly it has risen — from just 2.99 per cent in August to 5.11 per cent in September, 7.89 per cent in October to 10.01 per cent last month. Equally significant is that the increase is not due to monsoon failure or drought, but crop damage from excess and unseasonal rains.