November WPI inflation at nine-month high even as food prices moderate

Onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at 7.58%

The wholesale price index-based inflation rate rose to a nine-month high of 1.55 per cent in November even as the rate of food price rise narrowed substantially to 3.94 per cent from 6.37 per cent in October. 

In fact, onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at the rate of 7.58 per cent.

November was the fourth month in a row with WPI inflation. Before that there was deflation or fall in prices for months at a stretch. 

Within food inflation, all the important vegetable prices rose