Which items saw highest & lowest inflation in January?
As we begin a new year, it’s essential to understand how inflation is affecting various commodities. Inflation can have a significant impact on our daily lives, from the food we eat to the goods we buy. In this blog post, we’ll explore 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 with the lowest year-on-year inflation during the same period.
Highest Inflation Items in January 2025
According to a recent report by Moneycontrol, 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, with a year-on-year increase of 54.20%. This is likely due to the increasing demand for coconut oil, which is used in various cosmetic and food products.
- 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 rise of 49.61%. This could be attributed to the impact of climate change on potato production, leading to supply chain disruptions.
- Coconut (38.71%): Coconut is another key item that has seen a significant increase in inflation, with a year-on-year rise of 38.71%. This could be due to the increasing demand for coconut products, such as coconut oil and coconut water.
- Garlic (30.65%): Garlic is a widely used ingredient in Indian cuisine, and its inflation rate has seen a significant increase, with a year-on-year rise of 30.65%. This could be attributed to the impact of climate change on garlic production, leading to supply chain disruptions.
- Peas (vegetables) (30.17%): Peas are a popular vegetable in Indian cuisine, and their inflation rate has seen a significant increase, with a year-on-year rise of 30.17%. This could be due to the impact of climate change on pea production, leading to supply chain disruptions.
Lowest Inflation Items in January 2025
On the other hand, the key items with the lowest year-on-year inflation in January 2025 are:
- Jeera (-32.25%): Jeera, also known as cumin, has seen a significant decrease in inflation, with a year-on-year decline of 32.25%. This could be due to the impact of a good harvest, leading to an increase in supply and a decrease in prices.
- Ginger (-30.92%): Ginger is another key spice that has seen a significant decrease in inflation, with a year-on-year decline of 30.92%. This could be attributed to the impact of a good harvest, leading to an increase in supply and a decrease in prices.
- Dry chillies (-11.27%): Dry chillies are a popular spice in Indian cuisine, and their inflation rate has seen a significant decrease, with a year-on-year decline of 11.27%. This could be due to the impact of a good harvest, leading to an increase in supply and a decrease in prices.
- Brinjal (-9.94%): Brinjal, also known as eggplant, is a popular vegetable in Indian cuisine, and its inflation rate has seen a significant decrease, with a year-on-year decline of 9.94%. This could be attributed to the impact of a good harvest, leading to an increase in supply and a decrease in prices.
- LPG (-9.29%): LPG, or liquefied petroleum gas, is a key cooking fuel in many Indian households, and its inflation rate has seen a significant decrease, with a year-on-year decline of 9.29%. This could be due to the impact of a decrease in global oil prices, leading to a decrease in LPG prices.
Conclusion
In conclusion, understanding inflation is crucial in today’s economy, as it can have a significant impact on our daily lives. The top five items showing the highest year-on-year inflation at the all-India level in January 2025 are coconut oil, potato, coconut, garlic, and peas, while the key items with the lowest year-on-year inflation are jeera, ginger, dry chillies, brinjal, and LPG. It’s essential to stay informed about inflation rates and how they affect various commodities to make informed decisions about our daily lives.
