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Relief in wholesale inflation also came down to three-month low; know full details
WPI Inflation: The prices of food items have come down in November. It was 13.54 percent in October which came down to 8.63 percent in November. The inflation rate of vegetables fell from 63.04 percent to 28.57 percent. However, the price of potato did not come down. Its inflation rate jumped to 82.79 percent. Relief was found in the case of onion and its inflation came down to 2.85 percent.
There has also been relief from wholesale price-based inflation (WPI Inflation) in November after retail inflation. It has come down to a three-month low. According to the statement of the Ministry of Commerce and Industry, inflation based on Wholesale Price Index (WPI) came down to 1.89 percent in November.
It was at 2.36 percent in October. Whereas, it was at 0.39 percent in November last year. The retail inflation data was released on December 12. The retail inflation rate in November fell to 5.48 percent from 6.21 percent in October.
The prices of food items have come down in November. It was 13.54 percent in October, which came down to 8.63 percent in November. The inflation rate of vegetables fell from 63.04 percent to 28.57 percent. However, the price of potatoes did not come down. Its inflation rate jumped to 82.79 percent.
