Food inflation, as measured by the Wholesale Price Index, stood at 6.6 per cent in the previous week.
The rate of price rise of food items stood at 12.68 per cent in the corresponding week of the previous year.
The WPI inflation for September rose to 7.81 per cent, from 7.55 per cent in August.
Finance Minister Pranab Mukherjee termed the rise in food inflation as an area of 'grave concern'.
CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.
Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. "All eyes will be on the beginning of corporate performance for the second quarter of the current fiscal year. TCS is slated to unveil its Q2 results on October 11, with HCL Technologies and Infosys following suit on October 12.
Overall inflation, as measured on the basis of the Wholesale Price Index, has been revised to 9.04 per cent for March from the original projection of 8.98 per cent.
A sharp rise in prices of fruits, vegetables and other primary items, notably poultry chicken, and costlier manufactured products pushed up inflation by 0.10 per cent to 5.94 per cent for the week ended February 21.
The wholesale price index inflation is projected at 6.4 per cent for 2017-18.
In February last year, it was 9.54 per cent.
Food inflation, as measured by the Wholesale Price Index, was on a declining trajectory for the previous three weeks.
Declining inflation may present a case for further monetary policy easing.
Inflation may touch the six per cent-mark by the end of this fiscal due to surging food prices and decline in agricultural output, research firm Dun & Bradstreet said.
Overall, vegetables were 47.06 per cent cheaper during the week under review, from the same period last year.
Food inflation remained in the negative zone for the third straight week, at (-)0.42 per cent for the week ended January 7, mainly due to fall in prices of onion and vegetables.
According to official data released on Thursday, onions grew cheaper by 59.04 per cent year-on-year during the week under review, while potato prices were down by 33.76 per cent.
Wholesale Price Index-based inflation declined to 6.62 per cent in January, however, retail inflation remained in double digits at 10.79 per cent during the month.
In tune with the Reserve Bank of India's expectation of moderate inflation this year, the general price level stood unchanged at the previous week's figure of 4.2 per cent for the week ended May 8.
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Food prices for consumers also eased to an annual 11.06 percent in August from 11.24 per cent in July.
Food inflation, as measured by the Wholesale Price Index, stood at 11.81 per cent in the previous week ended October 29.
Food inflation was recorded at 9.23 per cent in September.
Inflation in food articles, which have a 14.3 per cent share in the WPI basket, however witnessed an increase as onion prices shot up during the month.
The panel has also decided to increase the weight of manufactured items and the fuel group in the new index. Accordingly, the new WPI series, with a revised base year of 2004-05, will see the weight of manufactured items go up to around 65 per cent from 63.75 per cent in the present series.
Prices of most commodities, barring wheat, continued to remain firm on an annual basis, as per Wholesale Price Index data released by the government in New Delhi.
The rate of price rise stood at 8.87 per cent in August, 2010.
Inflation declined marginally to 7.45 per cent in October even though prices of food items like rice, wheat pulses and potato showed a rising trend.
Food inflation is back in double digits after a gap of a month-and-a-half and stood at 10.60 per cent for the week ending October 8 on the back of costlier vegetables, fruits, milk and protein-based items.
Inflation rose to 7.81 per cent in September, from 7.55 per cent in August.
Inflation, as measured by the Wholesale Price Index, stood at 9.78 per cent in August.
With fuel being the main input cost for the transport sector, rise in cost of operations is a given. The sector is unsure on the extent of being able to pass this on through rentals or to absorb it with higher volumes.
The wholesale price index-based inflation, which neared double-digit level in February, has probably peaked and was likely to decline as the country expected a good winter crop and drop in oil prices, RBI Deputy Governor K C Chakrabarty told reporters on the sidelines of a function in Bangalore on Monday.
Inflation, as measured by the Wholesale Price Index, was 6.87 per cent in July.
Overall the inflation in vegetable segment was 8.57 per cent as compared to about 4 per cent in February.
Food inflation stood at 20.18 per cent in the comparable period last year.
The inflation bogey that stalked the government earlier in the week appears to have lost force, with the wholesale price index declining to 6.05 per cent for the week ended February 17, 2007, against 6.63 per cent for the previous week.
Core inflation, a measure of demand-side pressure on prices also rose sharply in March.
Inflation fell substantially by 0.62 per cent to 5.32 per cent for the week ended February 28 mainly due to the fall in prices of primary items, including fruits and vegetables, and non-food articles.
The government's response to the price hike needs to be less panicky. The imposition of export duties, reduction in import duties, increasing the minimum export prices, restricting exports and raising the cash reserve ratio for banks have been among the measures that have resulted from this concern over inflation.
The Bharatiya Janata Party notes with dismay the fact that the consumer price inflation in India today is the highest among all the countries of Asia-Pacific.
