WPI-based inflation falls to 4.64% in November, a three-month low
Inflation based on wholesale prices fell to a three-month low of 4.64% in November, as prices of food articles, especially vegetables, softened.
The Wholesale Price Index (WPI)-based inflation was 5.28% in October and 4.02% in November last year.
According to the government data released today, food articles witnessed softening of prices with deflation at 3.31% in November, against 1.49% in October.
WPI inflation falls to 4.64% in November
Vegetables became cheaper in November while fuel, power prices increased
Vegetables, too, became cheaper with deflation at 26.98% in November, compared to 18.65% in the previous month.
Inflation in the 'fuel and power' basket in November continued to rule high at 16.28% but was lower than 18.44% in October.
Individually, in petrol and diesel, it was 12.06% and 20.16%, respectively, and for liquefied petroleum gas (LPG) it was 23.22% during October.
Inflation lower than this was earlier seen in August
Among food articles, potato prices continued to rule high with 86.45% inflation in November.
The 4.64% inflation is the lowest in three months, and a lower inflation than this was last seen in August at 4.62%.
Data released earlier this week showed that the retail or consumer price index (CPI)-based inflation for November also fell to a 17-month low at 2.33%.
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