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Though the inflation based on wholesale prices has dipped to three years' lowest, according to Government, prices of food items including rice, wheat and pulses in retail have surprisingly gone through the roof during the last 12 months. In December 2012, the inflation was 7.18 per cent - a little lower than it was in December 2011 at 7.74 per cent.

The rates of food grains and pulses have increased manifold in the last three years. In 2011, in wholesale market, various qualities of rice were available at Rs20-52 per kg but within a year the price have increased by 20 per cent and are still on the rise. Currently, the price of rice is Rs25-70 per kg. The rate of pulses, milk, sugar and wheat are also on a constant rise offering absolutely no relief to the common man. The inflation rate in December 2010 was 9.47 per cent.

Though the inflation based on wholesale prices has dipped to three years' lowest, according to Government, prices of food items including rice, wheat and pulses in retail have surprisingly gone through the roof during the last 12 months. In December 2012, the inflation was 7.18 per cent - a little lower than it was in December 2011 at 7.74 per cent.

The rates of food grains and pulses have increased manifold in the last three years. In 2011, in wholesale market, various qualities of rice were available at Rs20-52 per kg but within a year the price have increased by 20 per cent and are still on the rise. Currently, the price of rice is Rs25-70 per kg. The rate of pulses, milk, sugar and wheat are also on a constant rise offering absolutely no relief to the common man. The inflation rate in December 2010 was 9.47 per cent.