Which items saw highest & lowest inflation in January?
As we step into the new year, it’s essential to keep an eye on the inflation rates of various essential commodities. Inflation can have a significant impact on our daily lives, affecting not just our personal finances but also the overall economy. In this blog post, we’ll delve into the top five items that saw the highest year-on-year inflation in January 2025, as well as the key items that showed the lowest inflation rates.
Highest Inflation Items
According to recent data, the top five items showing the highest year-on-year inflation at the all-India level in January 2025 are:
- Coconut Oil (54.20%): Coconut oil has seen a significant surge in inflation rates, with a year-on-year increase of 54.20%. This is likely due to the increasing demand for healthy fats and the limited supply of coconut oil in the market.
- Potato (49.61%): Potato prices have also seen a substantial increase, with a year-on-year inflation rate of 49.61%. This is partly due to the unseasonal rains that affected potato production in some parts of the country.
- Coconut (38.71%): Coconut prices have seen a significant increase, with a year-on-year inflation rate of 38.71%. This is likely due to the limited supply of coconuts in the market and the increasing demand for coconut-based products.
- Garlic (30.65%): Garlic prices have also seen a notable increase, with a year-on-year inflation rate of 30.65%. This is partly due to the unseasonal rains that affected garlic production in some parts of the country.
- Peas (Vegetables) (30.17%): Peas have seen a significant increase in prices, with a year-on-year inflation rate of 30.17%. This is likely due to the limited supply of peas in the market and the increasing demand for vegetables in general.
Lowest Inflation Items
On the other hand, the key items that showed the lowest year-on-year inflation in January 2025 are:
- Jeera (-32.25%): Jeera, also known as cumin, has seen a significant decrease in prices, with a year-on-year inflation rate of -32.25%. This is likely due to the increased production of jeera in the country.
- Ginger (-30.92%): Ginger prices have also seen a notable decrease, with a year-on-year inflation rate of -30.92%. This is partly due to the increased production of ginger in the country.
- Dry Chillies (-11.27%): Dry chillies have seen a significant decrease in prices, with a year-on-year inflation rate of -11.27%. This is likely due to the increased production of dry chillies in the country.
- Brinjal (-9.94%): Brinjal, also known as eggplant, has seen a notable decrease in prices, with a year-on-year inflation rate of -9.94%. This is partly due to the increased production of brinjal in the country.
- LPG (-9.29%): LPG, or liquefied petroleum gas, has seen a significant decrease in prices, with a year-on-year inflation rate of -9.29%. This is likely due to the government’s efforts to reduce the prices of LPG.
Conclusion
In conclusion, the top five items showing the highest year-on-year inflation in January 2025 are coconut oil, potato, coconut, garlic, and peas, while the key items showing the lowest inflation rates are jeera, ginger, dry chillies, brinjal, and LPG. It’s essential for consumers to keep an eye on the inflation rates of essential commodities to make informed decisions about their personal finances. Additionally, policymakers should take note of the inflation rates of these items to ensure that the economy remains stable and that the prices of essential commodities are kept in check.
Note: The data and statistics mentioned in this blog post are based on the article mentioned above and may not reflect the actual inflation rates or prices at the time of reading.
