Inflation data was released previous week and it raised marginally , According to the data India’s annual food inflation rose to 12.81 % for the week ending July 3 2010,This is directly related to the hike in fuel prices in the last week of June which made pulses and cereals costlier. The food inflation was at 12.63 % previous week to July 3rd 2010.
India’s inflation was further up to 10.55 %, from 10.16 % in May, edging the Reserve bank of India closer to another hike in interest rates.We will see what they do end of this month.

Inflation and Food Inflation raises Marginally is a post from: First Blog for Indian Financial Market