The weekly inflation rate increased by 45.49 percent year over year (YoY). Out of the 51 goods that were tracked over the week, 18 saw price increases, 16 saw price decreases, and 17 saw no change in price.
Also read: Forex reserves decline by $119 million to $4.19 billion.
According to the report, prices for goods including basmati broken rice, cooked meat, mutton, fresh milk, and beef with bone rose last week. However, prices dropped for LPG, wheat flour, eggs, garlic, onions, bananas, tomato, pulse masoor, and pulse moong.
For the time period that concluded on May 4, short-term inflation increased by an all-time high of 48.35 percent
