With no respite from rising food prices, notably pulses, India’s annual wholesale inflation rate moved up further to (-)1.99 percent for November, against (-)3.81 percent for the month before, official data
showed on Monday.
As per the official wholesale
price index numbers released by the Ministry of Commerce and Industry,
the food articles rose sharply by 2.3 percent in just a month in
November, as prices of fish, meat, eggs, lentils, condiments and spices,
and fruits and vegetables all registered a rise.
The overall annual wholesale
inflation rate, though still in the negative, has risen to (-)1.99
percent from (-)3.81 in October, and (-)4.59 percent and (-)5.06 percent
in the preceding two months.
Food inflation moved up above
the zero percent level to 3.12 percent from (-)1.2 percent during the
month under review. The annual index numbers for petrol, diesel and
cooking fuels also rose, while still in the negative.
