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
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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.

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