The latest government report shows the inflation in wholesale price was lead by an increase in prices of manufactured goods which drove the total inflation to 2.37 percent in November of 2024 even though a decrease in food prices occured.
Synopsis of wider economic data indicates that wholesale price index based inflation stood at 1.89 percent in November up from 0.86 the prior month.
According to data collected, the inflation witnessed in vegetable was compared to food items as higher grades such as onion and potatos at 28.65 percent and 28.57 percent respectively.
When looking at fuel and power supply in the economy, they reported a lower rate of 3.79 percent compared to the 5.83 percent reported in November.
CPI-based inflation touched the four month low of 5.22% in December on account of softening food inflation, according to the retail inflation data released on Monday.
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