WPI-based inflation down to 4.64% in Nov from 5.28% the previous month

November food inflation also saw a drop to -1.96% as compared to -0.64% MoM

The rate of inflation based on Wholesale Price Index (WPI) eased to 4.64 per cent in November from 5.28 per cent the previous month. November food inflation also saw a drop to -1.96% as compared to -0.64% month on month (MoM). According to the government data released Friday, food articles witnessed softening of prices with deflation at 3.31 per cent in November, against 1.49 per cent in October.

Vegetables, too, became cheaper with deflation at 26.98 per cent in November, compared to 18.65 per cent in the previous month.

Inflation in the 'fuel and power' basket in November continued to rule high