Retail inflation rises to 4-month high in February

NEW DELHI: Retail inflation rose to four-month prime of two.57 consistent with cent in February, basically pushed through upper food costs.

The retail inflation in response to Consumer Price Index (CPI) stood at a 19-month low of one.97 consistent with cent in January and four.44 consistent with cent in February 2018.

Economists had predicted shopper price index at 2.43 consistent with cent for February, according to a poll through information company Reuters.

Food inflation in response to CPI, then again was once in adverse at zero.66 consistent with cent. The newest print is upper than (-) 2.24 consistent with cent in January.

The previous lowest inflation was once 2.33 consistent with cent in November 2018. The Reserve Bank of India (RBI) factors in retail inflation while deciding at its financial coverage.


In some other set of information launched through the federal government, industrial production or factory output slipped to one.7 consistent with cent in January 2019 from 2.4 consistent with cent in December 2018 on account of slowdown in the production sector.


Factory output as measured in relation to the Index of Industrial Production (IIP) had grown through 7.5 consistent with cent in January last 12 months.


During April-January 2018-19, industrial output grew at 4.4 consistent with cent as in opposition to 4.1 consistent with cent in the same duration previous fiscal, according to the information launched through the Central Statistics Office (CSO).


Retail inflation rises to 4-month high in February Retail inflation rises to 4-month high in February Reviewed by Kailash on March 12, 2019 Rating: 5
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