Inflation rises to (-) 1.99% in November
Updated: Dec 14, 2015 02:20:31pm
This is the 13th month in a row when the wholesale inflation remained in the negative territory. It has been in the negative zone since November last year.
The Wholesale Price Index (WPI)-based inflation has been rising for three months in a row and was (-) 3.81 per cent in October.
The Food prices have increased up to 5.20 per cent in November, as against 2.44 per cent in October.
The rate of price rise in potato was (-)53.72 per cent, while in egg, meat and fish it was (-)2.24 per cent.
Inflation in fuel and power segment was (-)11.09 per cent, while for manufactured products it was (-)1.42 per cent in November.
Inflation for September has been revised to (-) 4.59 per cent, from the provisional estimate of (-)4.54 per cent.
The Reserve Bank mostly tracks the Consumer Price Index (CPI)-based retail inflation for its monetary policy decisions. (KNN Bureau)