Which items saw highest & lowest inflation in January?
As the Indian economy continues to navigate the challenges of inflation, it’s essential to understand which items are experiencing the highest and lowest inflation rates. In this blog post, we’ll take a closer look at the top five items showing the highest year-on-year inflation at the all-India level in January 2025, as well as the key items having the lowest year-on-year inflation during the same period.
According to a recent report by Moneycontrol, the top five items showing the highest year-on-year inflation in January 2025 are:
- Coconut oil (54.20%): Coconut oil has seen a significant surge in inflation, with a year-on-year increase of 54.20%. This is likely due to a combination of factors, including a shortage of coconut oil supplies and increased demand.
- Potato (49.61%): Potatoes are a staple food item in many Indian households, and their inflation rate has seen a significant increase, with a year-on-year increase of 49.61%. This is likely due to a combination of factors, including a decline in potato production and increased demand.
- Coconut (38.71%): Coconuts are another essential commodity in Indian cuisine, and their inflation rate has seen a significant increase, with a year-on-year increase of 38.71%. This is likely due to a combination of factors, including a decline in coconut production and increased demand.
- Garlic (30.65%): Garlic is another essential ingredient in many Indian dishes, and its inflation rate has seen a significant increase, with a year-on-year increase of 30.65%. This is likely due to a combination of factors, including a decline in garlic production and increased demand.
- Peas (30.17%): Peas are a popular vegetable in Indian cuisine, and their inflation rate has seen a significant increase, with a year-on-year increase of 30.17%. This is likely due to a combination of factors, including a decline in pea production and increased demand.
On the other hand, the key items having the lowest year-on-year inflation in January 2025 are:
- Jeera (-32.25%): Jeera, also known as cumin seeds, has seen a significant decline in inflation, with a year-on-year decrease of 32.25%. This is likely due to a combination of factors, including a decline in demand and increased supply.
- Ginger (-30.92%): Ginger is another key ingredient in many Indian dishes, and its inflation rate has seen a significant decline, with a year-on-year decrease of 30.92%. This is likely due to a combination of factors, including a decline in demand and increased supply.
- Dry chillies (-11.27%): Dry chillies are a popular spice in Indian cuisine, and their inflation rate has seen a significant decline, with a year-on-year decrease of 11.27%. This is likely due to a combination of factors, including a decline in demand and increased supply.
- Brinjal (-9.94%): Brinjal, also known as eggplant, is a popular vegetable in Indian cuisine, and its inflation rate has seen a significant decline, with a year-on-year decrease of 9.94%. This is likely due to a combination of factors, including a decline in demand and increased supply.
- LPG (-9.29%): LPG, or liquefied petroleum gas, is a popular cooking fuel in Indian households, and its inflation rate has seen a significant decline, with a year-on-year decrease of 9.29%. This is likely due to a combination of factors, including a decline in demand and increased supply.
These findings are based on data from the Ministry of Statistics and Programme Implementation, which tracks the Consumer Price Index (CPI) for various commodities in India. The CPI measures the average change in prices of a basket of goods and services over time, providing a comprehensive picture of inflation trends in the country.
In conclusion, while coconut oil, potatoes, coconuts, garlic, and peas have seen significant increases in inflation, jeera, ginger, dry chillies, brinjal, and LPG have seen significant declines. These findings are important for individuals and businesses alike, as they can inform purchasing and investment decisions. As the Indian economy continues to navigate the challenges of inflation, it’s essential to stay informed about the latest trends and patterns in commodity prices.
