India’s headline inflation based on wholesale prices rose to 7.52 percent in November due to high fuel and food prices, government data showed
India’s headline inflation based on wholesale prices rose to 7.52 percent in November due to high fuel and food prices, government data showed on Monday.
The country’s main inflation measure based on the wholesale price index (WPI) was at seven percent in the previous month and 7.24 percent in the corresponding month of last year, according to data released by the ministry of commerce and industry here.
Food prices jumped by 19.93 percent year-on-year during the month under review. They had increased by 18.19 percent in October.
Prices of vegetables jumped by 95.25 percent in November year-on-year. Onion prices soared by 190.34 percent. Potatoes were costlier by 26.71 percent. Fruits became dearer by 13.73 percent and prices of egg, meat and fish rose by 15.19 percent year-on-year during the month under review.
Cereal prices were up 11.32 percent year-on-year. Rice was costlier by 14.99 percent. Wheat was expensive by 7.21 percent.
Fuel and power inflation rose to 11.08 percent in November as compared to 10.33 percent in October and 9.97 percent in the corresponding month of last year.
The prices of liquefied petroleum gas (LPG) grew by 10.90 percent. Petrol became dearer by 4.42 percent and diesel costlier by 15.65 percent.
-IANS
