Food costs less, inflation dips

December 14, 2016 16:23

Wholesale inflation eased for the third straight month as it fell to 3.15 per cent in November after subdued demand due to demonetisation led to softening of prices of vegetables and other kitchen staples. The wholesale price index-based inflation, reflecting the annual rate of price rise, in October stood at 3.39 per cent. In November 2015, the print was (-)2.04 per cent.

Image: KBK Graphics

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