Chart: Not housing but health is biggest contributor to India's inflation

Housing inflation, which hit a peak of 8.50% in April following the implementation of the Seventh Pay Commission's recommendations, has fallen steadily since to stand at 5.1% in January

India has witnessed a steady rise in health inflation in the past few months, even as the rate of overall inflation has fallen. In fact, in January 2019, health as a contributor to inflation even surpassed education and housing.   While India's housing inflation is still above 5 per cent, it is likely to decline further as the impact of the 7th Pay Commission implementation abates.

Housing inflation, which hit a peak of 8.50% in April following the implementation of the 7th Pay Commission's recommendations, has since fallen steadily. It stood at an 18-month low of 5.1% in January.