India consumer price inflation among the highest in the world - Livemint

Inflation remains a serious concern in India with the Consumer Price Index (CPI)-based inflation rising for the fifth consecutive month in February. At 10.9% from a year ago, consumer price inflation in India is the second highest among major economies—we still have some way to go before we can challenge Venezuela. Prices in the food, beverages and tobacco segment went up 13.4% from a year ago, a 33-month high. Vegetable prices have shot up 21% year-on-year. Core CPI inflation (ex-food and fuel) is at 8.4% from a year ago, slightly higher than the 8.2% in January. The continuous rise in food prices has led to CPI inflation, with its higher weight for food, showing a trend that diverges from wholesale price inflation, which eased to a three-year low of 6.6% in January. via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF5WDFdC8xO8z4A7-QNYtMa2tk_hA&url=http://www.livemint.com/Money/XG2M3r6h4LZs7Rm5hvZ5CL/India-consumer-price-inflation-among-the-highest-in-the-worl.html

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