Retail inflation hits 6-mth low of 4.83% in March

Retail inflation hits 6-mth low of 4.83% in March

FPJ BureauUpdated: Friday, May 31, 2019, 04:23 PM IST
article-image

New Delhi: Retail inflation in March fell to a six-month low of 4.83 per cent on account of cheaper food articles such as vegetables and pulses. The retail inflation, measured on Consumer Price Index (CPI), in February was revised upwards to 5.26 per cent from 5.18. Consumer inflation was seen below this level at 4.41 per cent in September 2015.

Food inflation for March too softened at 5.21 per cent, showed the data released by the Ministry of Statistics and Programme Implementation (MoSPI). In February, food inflation was at 5.30 per cent. The rate of price rise in vegetables was at 0.54 per cent, oils and fats 4.85 per cent, milk and products 3.33 per cent.

RECENT STORIES

GST Collections Rise 4.6 Pc To ₹1.96 Lakh Crore In October; Revenues Stay Above ₹1.8 Lakh Cr For...

GST Collections Rise 4.6 Pc To ₹1.96 Lakh Crore In October; Revenues Stay Above ₹1.8 Lakh Cr For...

FASTag Users Alert! NHAI Rolls Out New Rules, Simplifies KYV Process; Check Details On Latest...

FASTag Users Alert! NHAI Rolls Out New Rules, Simplifies KYV Process; Check Details On Latest...

Domestic Broader Market Ends Higher For Second Consecutive Week Despite Market Volatility Driven By...

Domestic Broader Market Ends Higher For Second Consecutive Week Despite Market Volatility Driven By...

Gold Fell By ₹1,649 Every Week Due To Fading Federal Reserve Rate Cut Expectations & Hopes Of US...

Gold Fell By ₹1,649 Every Week Due To Fading Federal Reserve Rate Cut Expectations & Hopes Of US...

US Tariff On Medium & Heavy-Duty Trucks & 10% Levy On Buses Takes Effect

US Tariff On Medium & Heavy-Duty Trucks & 10% Levy On Buses Takes Effect