India''s food inflation was the second lowest among all emerging economies in the 2010 calender year and the country also witnessed one of the steepest declines in overall inflation, the Survey said.
It said India''s average food inflation in November, 2010, was 5.4 per cent, far lower than 15.8 per cent in Argentina, 9.2 per cent in Brazil and 11.7 per cent in China, as per data on 15 emerging nations from the International Labour Organisation for the month.
The Philippines recorded food inflation of 3.2 per cent in September, the month for which its data was considered.
Citing data from the International Labour Organisation, the Survey said that while headline inflation showed a rise in other emerging economies, the overall rate of price rise went down in India.
This was more so in the case of food inflation, where India was among the handful of emerging economies to have witnessed an easing in the rate of price rise.
Giving example from individual months taken at random, it showed that overall inflation in India was 8.3 per cent in November, as against 13.5 per cent in the same month of 2009.
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