India’s Food Inflation Quickens, Adding Pressure on Government
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India’s food inflation accelerated for the first time in three weeks, adding pressure on the government to unveil steps in next week’s budget to ease prices.
An index measuring wholesale prices of agricultural products including lentils, rice and vegetables rose 11.49 percent in the week ended Feb. 12 from a year earlier, the commerce ministry said in a statement in New Delhi today. It gained 11.05 percent the previous week.