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This is an archive article published on December 14, 2009

Food inflation a matter of concern: FM

The food price index rose an annual 16.71 per cent in November from a year earlier.

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Inflationary pressures on food items in India is a matter of concern,finance minister Pranab Mukherjee said on Monday.

Data showed on Monday wholesale price index rose 4.78 per cent in November from a year earlier,higher than previous month’s annual rise of 1.34 per cent.

The food price index rose an annual 16.71 per cent in November from a year earlier.

“There is an inflationary pressure on food items. It is a matter of concern,” Mukherjee said.

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