Statsguru: Energy to food prices, 6 charts explain India's inflation woes

In terms of food prices, India seems to be doing much better than the Western economies, owing to it being less dependent on imports

Data released by the government last week showed that retail inflation had come below 6 per cent for the first time since December 2021. 

However, November’s consumer price inflation reading of 5.88 per cent was still higher than the 4 per cent target. India was not the only country to witness a softening of consumer prices, as inflation dipped in the US, the UK and the euro zone(chart 1).

Wholesale prices or producer prices have also fallen across the world and India had lower wholesale inflation compared to the Western world (chart 2). But on the core inflation front, India seems to