>Food inflation dips to near 3-month low
Food inflation continued its downward trend for the sixth straight week, dipping to a near three-month low in mid-November. According Crisil's chief economist D. K. Joshi, food inflation should be headed downward at a gradual pace from now on and be in single digits by December. Photo: PTI Graphics
A customer paying for purchases at a wholesale market in Guwahati. On an annual basis, pulses were down 8 per cent and vegetables dipped 4 per cent, mainly on account of a sharp drop in potatoes because of the base effect. File Photo: Ritu Raj Konwar
A woman looks at the price of food grains at a market in Mumbai. For households, the dip in annual food inflation estimate brings little respite as prices of food items inched upwards on a sequential basis. File Photo: Paul Noronha
A labourer arranges rice bags at a state food corporation godown in Jammu. Prices, however, continue to pinch consumers as high inflation in key food items persists on a week-on-week basis. File Photo: AP
A customer buys vegetables at a market in Kolkata. On a week-on-week basis, vegetables were up nearly 5 per cent, with potatoes surging 9 per cent. File Photo: AP
Labourers unload sacks filled with onions at a market on the outskirts of Allahabad. Onions, which clocked an annual inflation of over 17 per cent, were also up 11 per cent on a sequential basis. File Photo: AP
Eggs being stacked in a godown at Hyderabad. Eggs were up 16 per cent on a week-on-week basis, poultry chicken surged 5 per cent, along with maize, barley and gram. File Photo: Nagara Gopal
A farm worker collecting paddy saplings at a field near Thrissur, Kerala. While the dip in the year-on-year inflation is being attributed in part to the increased supply of agricultural commodities, the base effect continues to play a big role in the declining trend, according to data released. File Photo: K.K. Mustafah
A woman worker arranging jute yarn bundles in a jute and coir products manufactung unit in Kerala. Among the non-food items, higher inflation was seen in products such as raw jute, niger seed, coir fibre, raw rubber, raw cotton and copra. File Photo: K.K. Mustafah