Business

WPI inflation declines in November, food prices ease

WPI based inflation was 2.36 per cent in October 2024.

New Delhi: Wholesale price inflation eased to 1.89 per cent in November, as prices of food items, especially vegetables turned cheaper, as per the government data released on Monday.

The Wholesale Price Index (WPI) based inflation was 2.36 per cent in October 2024. It was 0.39 per cent in November, last year.

As per the data, inflation in food items eased to 8.63 per cent in November, as against 13.54 per cent in October. The decline was led by a dip in vegetable inflation which stood at 28.57 per cent, as against 63.04 per cent in October.

Inflation in potato, however, continued to be high at 82.79 per cent, while in onion it fell sharply to 2.85 per cent in November.

The fuel and power category witnessed a deflation of 5.83 per cent in November, against a deflation of 5.79 per cent in October. In manufactured items, inflation was 2 per cent in November, against 1.50 per cent in October.

This post was last modified on December 16, 2024 1:18 pm

Share
Press Trust of India

Press Trust of India (PTI) is India’s premier news agency, having a reach as vast as the Indian Railways. It employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.

Load more...