Food Inflation slips to 9.32% for week ended Oct 1

India's food inflation slipped marginally to 9.32 percent for the week ended October 1 as compared to 9.41 percent in the previous week, official data showed Thrusday.

Earlier Finance Minister Pranab Mukherjee had said that acceleration in the prices of food and other essential commodities remained a matter of concern and the government was constantly in touch with the Reserve Bank of India to bring down inflation to a comfortable level.

"Inflation is definitely a matter of concern. We shall have to see how to bring it down to a moderate level. I am constantly in touch with the RBI and other experts in this area," Mukherjee had said.

Inflation has remained stubbornly high near double-digit since January 2010. The headline inflation based on the wholesale price index was recorded at 9.78 percent in August, according to the latest official data.

The stubbornly high inflation might prompt the RBI to hike policy rates again. The central bank has hiked key policy rates 12th time since January 2010.