With no respite from rising food prices, notably pulses, India's annual wholesale inflation rate moved up further to (-)1.99 per cent for November, against (-)3.81 per cent for the month before, official data showed on Monday.
As per the official wholesale price index numbers released by the Ministry of Commerce and Industry, the food articles rose sharply by 2.3 per cent in just a month in November, as prices of fish, meat, eggs, lentils, condiments and spices, and fruits and vegetables all registered a rise.
The overall annual wholesale inflation rate, though still in the negative, has risen to (-)1.99 per cent from (-)3.81 in October, and (-)4.59 per cent and (-)5.06 per cent in the preceding two months.
Food inflation moved up above the zero per cent level to 3.12 per cent from (-)1.2 per cent during the month under review. The annual index numbers for petrol, diesel and cooking fuels also rose, while still in the negative.
