The annual rate of inflation based on all India Wholesale Index (WPI) number has declined to 5.85% (Provisional) for the month of November, 2022 (over November, 2021) against 8.39% recorded in October, 2022.
This reduction in inflation is attributed to fall in prices of food articles, basic metals, textiles, chemicals & chemical products and paper & paper products as compared to the corresponding month of the previous year.
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The inflation rate for the last three months of all commodities and WPI components are given below:
| All Commodities/Major Groups | Weight (%) | Annual Rate of Inflation (Y-o-Y in %)* in Sep-22 (F) | Annual Rate of Inflation (Y-o-Y in %)* in Oct-22 (P) | Annual Rate of Inflation (Y-o-Y in %)* in Nov-22 (P) |
| All Commodities | 100.0 | 10.55 | 8.39 | 5.85 |
| I. Primary Articles | 22.6 | 11.54 | 11.04 | 5.52 |
| II. Fuel & Power | 13.2 | 33.11 | 23.17 | 17.35 |
| III.Man ufactured Products | 64.2 | 6.12 | 4.42 | 3.59 |
| Food Index | 24.4 | 8.02 | 6.48 | 2.17 |
Note: P: Provisional, F: Final, *Annual rate of WPI inflation calculated over the corresponding month of previous year
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