Food inflation to come down from double digit: Mukherjee
Union Finance Minister Pranab Mukherjee hoped that the double digit food inflation of 10 percent would come down soon after passing of seasonal factors of commodities.
Talking to reporters at an event, Mukherjee said: "This is the period where normally certain items because of seasonal factors prices go up, the seasonal factor being out, I think again it will come down to single digit and by end it may be possible to have the inflation around 6-7 percent."
Mukherjee further added that the government is trying hard to curb inflation like the previous months.
Earlier, Mukherjee raised concerns over the rising food inflation and emphasised on the need to improve the supply constraints on food items.
India's food price index rose to 10.05 percent, its highest in nearly six months, and the fuel price index climbed to 12.55 percent in the year to August 20, government data on Thursday showed.
In the previous week, annual food and fuel inflation stood at 9.80 percent and 13.13 percent respectively.
The primary articles index was up 12.93 percent, compared with an annual rise of 12.40 percent, a week earlier.