Retail inflation ticks up at 2.86 pc in March from 2.57 pc in February

Retail inflation ticks up at 2.86 pc in March from 2.57 pc in February

IANSUpdated: Tuesday, May 28, 2019, 11:54 PM IST
article-image
Representational image |

New Delhi: Higher food prices pushed India’s retail inflation in March to 2.86 per cent from 2.57 per cent during February, official data showed on Friday. Accordingly, the Consumer Food Price Index (CFPI) in the month under review rose to 0.30 per cent from (-) 0.73 per cent reported in February. However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in March (2.86 per cent) was lower during the corresponding period of 2018 with retail inflation rate of 4.28 per cent. According to the Central Statistics Office data, the CFPI had risen by 2.81 per cent in March 2018.

RECENT STORIES

From Rivals To Partners: India's Industry Titans Ambani And Adani Forge Unexpected Collaboration In...

From Rivals To Partners: India's Industry Titans Ambani And Adani Forge Unexpected Collaboration In...

Ecos (India) Mobility Submits Draft Paper To SEBI For IPO Fundraising

Ecos (India) Mobility Submits Draft Paper To SEBI For IPO Fundraising

How Data Is Enabling Innovation In Biomedical Devices For Healthier Lives

How Data Is Enabling Innovation In Biomedical Devices For Healthier Lives

Heralding Mediated Dispute Resolution Over Litigation: The Mediation Act, 2023, Future Of Indian...

Heralding Mediated Dispute Resolution Over Litigation: The Mediation Act, 2023, Future Of Indian...

Force Motors Shifts Gears: Exiting Tractors And Connected Activity Business At The End Of FY24

Force Motors Shifts Gears: Exiting Tractors And Connected Activity Business At The End Of FY24