Higher seasonal vegetable price pushes inflation to 3.93% in November
Source :NewsBharati   Date :15-Dec-2017

New Delhi, December 15: The Inflation based on the wholesale price index rose to 3.93 percent in November due to an increase in the prices of onions and seasonal vegetables. The wholesale inflation had stood at 3.59 percent in October, and 1.82 percent in November last year.

According to the Commerce Ministry data, wholesale inflation in food articles increased to 6.06 percent in November, from 4.3 percent in October.

The inflation in onions surged to 178.19 percent in November, and in seasonal vegetables it jumped to 59.8 percent. But inflation in eggs, meat and fish as a category dropped to 4.73 percent during the month. Inflation in manufactured goods stood at 2.61 percent in November, almost unchanged from 2.62 in October.

Protein rich eggs, meat and fish as a category, however, grew at a slower pace of 4.73 percent during the month, against 5.76 in preceding month.

WPI inflation of food articles increased to 6.06 per cent last month, as against 4.30 percent in October, as per the data released by the Commerce Ministry. For manufactured goods, it was at 2.61 percent during the month, almost static against 2.62 in preceding month.

Retail inflation, based on Consumer Price Index, hit a 15-month high of 4.88 percent in November, as per the data released last week.