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40% of food items in WPI decline, says study

Government's measures to tame food inflation are working 13 essential food items register significant decline Prices of pulses drop 2.5 per cent in the last 8 weeks NEW DELHI: Even as the inflation at more than 11.5 per cent has touched 13-year high, eight commodities, accounting for 40 per cent of the food basket in the wholesale price index, have recorded an average decline of 1.2 per cent in their prices over the last two months, according to an Assocham Eco Pulse (AEP) study.

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