Title: Which items saw highest & lowest inflation in January?
Inflation is a crucial economic indicator that measures the rate of change in prices of goods and services over time. It is a key factor that affects the overall economy, impacting the purchasing power of consumers and the decisions of businesses. In January 2025, India witnessed a mixed bag of inflation rates, with some items experiencing a significant surge in prices, while others showed a decline. In this blog post, we will explore the top five items that saw the highest year-on-year inflation in January 2025, as well as the key items that had the lowest year-on-year inflation during the same period.
According to data released by the Ministry of Statistics and Programme Implementation, the top five items showing the highest year-on-year inflation at the all-India level in January 2025 are Coconut oil (54.20%), Potato (49.61%), Coconut (38.71%), Garlic (30.65%), and peas [vegetables] (30.17%). These items have seen a substantial increase in prices, making them the most inflationary in the country.
Coconut oil, which tops the list with an inflation rate of 54.20%, has seen a significant surge in demand due to its perceived health benefits and versatility in cooking. The prices of coconut oil have risen sharply, making it one of the most expensive cooking oils in the country. Potato, which is a staple food item in many Indian households, has also seen a significant increase in prices, with an inflation rate of 49.61%. The rise in potato prices is attributed to a combination of factors, including a decline in production and a surge in demand.
Coconut, another item that has seen a significant increase in prices, has an inflation rate of 38.71%. The rise in coconut prices is attributed to a decline in production and a surge in demand, particularly from the cosmetics and pharmaceutical industries. Garlic, which has an inflation rate of 30.65%, is another item that has seen a significant increase in prices. The rise in garlic prices is attributed to a combination of factors, including a decline in production and a surge in demand from the food processing and pharmaceutical industries.
Peas [vegetables], which rounds off the top five list with an inflation rate of 30.17%, is another item that has seen a significant increase in prices. The rise in peas prices is attributed to a combination of factors, including a decline in production and a surge in demand from the food processing and pharmaceutical industries.
On the other hand, the key items that had the lowest year-on-year inflation in January 2025 are Jeera (-32.25%), Ginger (-30.92%), Dry chillies (-11.27%), Brinjal (-9.94%), and LPG (-9.29%). These items have seen a significant decline in prices, making them the most deflationary in the country.
Jeera, which tops the list with a deflation rate of -32.25%, has seen a significant decline in prices due to a surge in production and a decline in demand. Ginger, which has a deflation rate of -30.92%, is another item that has seen a significant decline in prices. The rise in ginger prices is attributed to a combination of factors, including a surge in production and a decline in demand from the food processing and pharmaceutical industries.
Dry chillies, which have a deflation rate of -11.27%, are another item that has seen a significant decline in prices. The rise in dry chillies prices is attributed to a combination of factors, including a surge in production and a decline in demand from the food processing and pharmaceutical industries. Brinjal, which has a deflation rate of -9.94%, and LPG, which has a deflation rate of -9.29%, are two other items that have seen a significant decline in prices.
In conclusion, the January 2025 inflation data highlights the mixed bag of price movements across various items in India. While some items have seen a significant surge in prices, others have experienced a decline. The top five items showing the highest year-on-year inflation in January 2025 are Coconut oil, Potato, Coconut, Garlic, and peas [vegetables], while the key items that had the lowest year-on-year inflation are Jeera, Ginger, Dry chillies, Brinjal, and LPG. The data is a valuable indicator of the overall economic trends in the country and will be closely watched by policymakers, businesses, and consumers alike.
