Wholesale price-based inflation at 1.55 pc in November, against 1.48 pc in previous month

The rate of inflation, based on monthly Wholesale Price Index, stood at 1.55% (provisional) for the month of November, 2020 (over November, 2019) as compared to 0.58% during the corresponding month of the previous year, said Ministry of Commerce & Industry.

In October, it was 1.48 per cent — marking an eight-month high as manufactured products turned costlier.

However, food inflation for November decreased to 4.27 per cent compared to 5.78 per cent in October, data released by the government on Monday showed.

The food index consisting of food articles from primary articles group and food product from manufactured products group fell from 159.3 in October to 158.9 in November.In November, out of the 22 two-digit groups for manufactured products, 18 groups that witnessed increase in prices were food products; beverages; tobacco products; textiles; wearing apparel; leather and related products; wood and of products of wood and cork; paper and paper products; chemicals and chemical products; pharmaceuticals, medicinal chemical and botanical products; rubber and plastics products; basic metals; other non-metallic mineral products; fabricated metal products, except machinery and equipment; electrical equipment; motor vehicles, trailers and semi-trailers; other transport equipment; other manufacturing.