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January retail inflation eases to 5.07% on lower food prices January CPI inflation at 5.07%; IIP sees 7.1% surge Inflation under control for 4th year as government takes measures: Economic Survey CPI inflation eases to 5.1% in January 2018 Inflation During 2017-18 Averaged to the Lowest in the Last Six Years -
Retail inflation fell to a 4-month low of 4.44 per cent in February on cheaper food articles and lower cost for fuel. Retail inflation, based on Consumer price index (CPI), was at 5.07 per cent in January. In February 2017, however, it was 3.65 per cent. It was 4.88 per cent in November last year. Data released by the Central Statistics Office (CSO) showed that the rate of price rise in the consumer food segment was lower at 3.26 per cent in February, as against 4.7 per cent in the previous month. Inflation in vegetables was 17.57 per cent last month, down from 26.97 per cent in January), and for fruits it was 4.80 per cent (as against 6.24 per cent). Milk and its products too were less expensive with inflation print of 4.21 per cent, cereals and products at 2.10 per cent, meat & fish at 3.31 per cent while for eggs the prices grew at a slower pace of 8.51 per cent. Inflation for the fuel and light category was at 6.80 per cent in February (against 7.73 per cent in January).
However, the rate of price increase was higher for transport and communication services at 2.39 per cent (1.97 per cent January).
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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