New Delhi, Mar 10(ANI): The food inflation rate has fallen to a single digit at 9.52 per cent for the week ended February 26.
The decline has been attributed to decrease in prices of potatoes, pulses and wheat.
The food inflation had stood at 10.39 per cent in the previous week.
The prices of food items have fallen for the first time since the week ended December 4, 2010, when it was 9.46 per cent.
Last March the Reserve Bank of India (RBI) had raised interest rates by seven times to control inflation.
The prices of wheat have declined by 1.07 per cent on an annual basis, while pulses rates have fallen by 3.91 per cent. Potatoes price have also fallen by nearly 9 per cent year-on-year.
Meanwhile, fruits prices rose by 18.75 per cent and milk by 8.42 per cent on annual basis. (ANI)
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