Vegetable inflation fell 20% to 8.35%, energy costs will soften
Inflation: According to government data, potato inflation remained at a high level of 74.28 percent. Onion inflation increased to 28.33 percent in January.
There has been a sharp decline in food inflation. It came down to 5.88% in January, which was 8.47% in December 2024. During the same period, vegetable inflation also fell sharply to 8.35%. It was 28.65% in December 2024. Due to this, the wholesale inflation rate came down to 2.31% in January.
According to government data, potato inflation remained at a high level of 74.28%. Onion inflation increased to 28.33% in January.
Inflation in the fuel and electricity category declined by 2.78% in January compared to 3.79% in December. Inflation in manufactured goods rose to 2.51% in January 2025 compared to 2.14% in December 2024. This suggests that the cost of production has increased, which could potentially affect the prices of consumer goods in the coming years.