Food inflation dipped marginally to 12.63 per cent for the week ended June 26 from 12.92 per cent registered in the previous week.

Fuel inflation up

On the other hand, fuel inflation shot up to 18.02 per cent after the hike in rates of petroleum products, up from 12.90 per cent for the week-ago period.

Vegetable prices fell by over 4 per cent year-on-year, thanks to a steep decline in the rates of potato and onion. Potato became cheaper by over 42 per cent, while onion by 8.75 per cent on an annual basis. Food inflation had remained above the 16 per cent level for most part of the year.