July 22 (Reuters) – India’s fuel price index rose 14.27 percent in the year to July 10, while the food price index climbed 12.47 percent, government data released on Thursday showed.
Fuel price inflation was flat on the previous week’s annual rise, while the pace of food price inflation accelerated from last week’s 12.81 percent.
The primary articles index was up 16.48 percent, compared with the previous week’s reading of 16.25 percent.
While normal rains would cool food inflation after last year’s spike following the worst drought in nearly four decades, a fuel price hike last month would keep pressure on the headline inflation.
Wholesale prices INWPI=ECI, the most closely watched inflation gauge in India, rose 10.55 percent in June from a year earlier, remaining above 10 percent for the fifth straight month. (Reporting by Rajesh Kumar Singh; editing by Malini Menon)