New Delhi: Snapping a two-week declining trend, food inflation rose to 8.31 percent for the week ended July 2 on the back of soaring prices of protein-based items, cereals and vegetables.

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Food inflation, as measured by the Wholesale Price Index (WPI), rose by 0.70 percentage points during the week under review vis-a-vis the previous week. The rate of price rise in food items stood at 7.61 percent in the previous week, ended June 25.

As per data released by the government on Thursday, fruits and milk became 13.54 percent and 12.39 percent costlier, respectively, during the week under review. Prices of protein-based items like eggs, meat and fish went up by 11.95 percent annually.

Furthermore, cereals became 5.40 percent costlier, while vegetable prices were up by 2.25 percent. Prices of onions shoot up 30.72 percent on an annual basis.

Among the food items that saw some moderation in prices were pulses (down by 8.46 percent) and potatoes (down by 2.56 percent).

The latest numbers on the rate of price rise in food items are the lowest since the week ended June 11, when food inflation stood at 9.13 percent.

Meanwhile, inflation in overall primary articles stood at 11.58 percent for the week ended July 2, up from 11.56 percent in the previous week. Primary articles have a share of over 20 percent in the WPI basket.

Inflation of non-food primary items stood at 15.20 percent during the week under review, down from 17.69 percent in the previous week.

Prices of fibres were up almost 34 percent, while fuel and power became more expensive by 11.89 percent Y-o-Y. LPG became dearer by 14.58 percent on an annual basis.

(Agencies)