The chart shows how the increase in inflation was fuelled initially by higher food prices. Industrial raw material prices and fuel prices took over as international commodity prices started to rise.
Finally, domestic demand has led to manufactured non-food products being the primary driver of inflation. The price rise has now spilled over into “a generalized inflation process”, according to RBI executive director Deepak Mohanty.
Also See | Weighted contribution to increase in WPI (PDF)
Graphics by Ahmed Raza Khan/Mint
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