Food inflation at 9.50% y/y on March 19

Food inflation fell to a single digit at 9.5 per cent for the week ended March 19 amid easing pulses prices, even as fruits and protein-based items remained costly.

Food inflation based on the wholesale price index (WPI) had risen to 10.05 per cent for the preceding week leading up to March 12 after remaining in a single digit for two weeks.

During the week ended March 19, prices of pulses declined by 4.40 per cent.