November WPI inflation jumps to 3.93% on high onion, veggie prices

Team Udayavani, Dec 14, 2017, 6:38 PM IST

New Delhi: Inflation based on wholesale price index (WPI) accelerated further to 3.93 percent in November due to a sharp rise in onion prices and costlier seasonal vegetables, government data showed today.

It was 3.59 percent in October this year, and 1.82 percent in November last year.

Onion, a kitchen staple, witnessed a whopping 178.19 percent rise in inflation last month on annual basis. For seasonal vegetables, the rate of price rise accelerated to 59.80 percent, as against 36.61 percent 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 the preceding month.

WPI inflation of food articles increased to 6.06 per cent last month, as against 4.30 per cent in October, as per the data released by the Commerce Ministry.

For manufactured goods, it was at 2.61 per cent 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 per cent in November, as per the data released last week.