vIndianz.com (14 Dec, 2009) — Inflation jumped to 4.78 per cent in November, driven by increasing prices of necessary food items like pulses, fruits and vegetables.
The monthly inflation statistics released on Monday showed inflation in the month rose from 1.34 per cent in October. Inflation was 8.48 per cent in November in the preceding fiscal.
Amongst the food items which became dearer throughout the month were urad (24 per cent), moong (14 per cent) and chicken (10 per cent).
Driven by increasing prices of potato and onion, fruits and vegetables became costlier by 3 per cent.
Processed food, skimmed milk powder became costly by 15 per cent, oil cakes 12 per cent and coffee powder and sugar by 3 per cent each.
Further Reading- Food inflation eases to 18.65%; prices to cool down in New Year
- King Says Inflation Driven By Commodity Prices, to Rise Further – Bloomberg
- UK inflation rate rises to 4.4% in February – BBC News
- UK inflation rate rises to 4.4% in February – BBC News
- Onion prices still at Rs 40-65/kg in metros – Economic Times
- Retail rates of onion at Rs65/kg even as wholesale prices fall – The Hindu
- Euro-Zone Inflation Revised Down in January – Wall Street Journal
- Euro-Zone Inflation Revised Down in January – Wall Street Journal
- Prices edge up, inflation still at bay – CNNMoney
- Onion prices: PM wants clarification from Agri Min – Zee News
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