Number Theory: What November's headline inflation figures don't show
Dec 15, 2023 11:26 AM IST
WPI inflation, which measures changes in producer prices, was 0.26% in November compared to a deflation of 0.52% in October
Inflation numbers for November released this week show Wholesale Price Index (WPI) and Consumer Price Index (CPI) inflation rates at 0.26% and 5.55% respectively. While neither is very high, a closer look suggests that there is more to these numbers. Here are four charts on what the numbers mean.
WPI inflation increased for the first time in eight months
Vegetable prices the reason for volatility in CPI inflation
Inflation in other food items has been consistently high
However, core inflation continues to slow
Will the RBI forecast for December quarter materialise?
