Which items saw highest & lowest inflation in January?
The month of January 2025 has come to an end, and with it, a new wave of inflation statistics has emerged. As we delve into the numbers, it’s essential to understand which items have seen the highest and lowest inflation rates. In this blog post, we’ll be taking a closer look at the top five items that showcased the highest year-on-year inflation at the all-India level, as well as the key items that saw a decline in prices.
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: With an astonishing 54.20% year-on-year inflation, coconut oil takes the top spot. This surge in prices can be attributed to increased demand, coupled with supply chain disruptions.
- Potato: Coming in second is potato, with a whopping 49.61% year-on-year inflation. This increase in prices is largely due to erratic weather conditions, affecting crop yields and leading to a shortage in the market.
- Coconut: Coconut, a staple in many Indian households, saw a year-on-year inflation of 38.71%. This rise in prices can be attributed to increased demand, as well as supply chain issues.
- Garlic: Garlic, another essential ingredient in Indian cuisine, saw a year-on-year inflation of 30.65%. This increase in prices is largely due to poor weather conditions, leading to a decline in crop yields.
- Peas (vegetables): Rounding out the top five is peas, with a year-on-year inflation of 30.17%. This surge in prices is attributed to a decline in production, coupled with increased demand.
Lowest Inflation Items:
On the other end of the spectrum, the key items that saw a decline in prices in January 2025 are:
- Jeera: With a staggering -32.25% year-on-year deflation, Jeera (cumin) takes the top spot. This decline in prices is largely due to a surge in production, coupled with decreased demand.
- Ginger: Coming in second is ginger, with a year-on-year deflation of -30.92%. This decline in prices is attributed to an increase in production, as well as decreased demand.
- Dry chillies: Dry chillies saw a year-on-year deflation of -11.27%. This decline in prices is largely due to an increase in production, coupled with decreased demand.
- Brinjal: Brinjal (eggplant), a popular vegetable in Indian cuisine, saw a year-on-year deflation of -9.94%. This decline in prices is attributed to an increase in production, as well as decreased demand.
- LPG: Rounding out the list is LPG (liquefied petroleum gas), with a year-on-year deflation of -9.29%. This decline in prices is largely due to decreased demand, coupled with an increase in supply.
Conclusion:
The inflation data for January 2025 provides valuable insights into the fluctuations in prices of essential items. While some items, such as coconut oil, potato, and peas, saw significant increases in prices, others, like Jeera, ginger, and LPG, saw declines. As we move forward, it will be essential to keep a close eye on these trends to better understand the impact on everyday Indian households.
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