High food prices accelerated India's December 2021 retail inflation rate on a sequential and year-on-year basis. Image used for representation only.
(File Photo: PTI)
High food prices accelerated India's December 2021 retail inflation rate on a sequential and year-on-year basis.
Similarly, on YoY basis, the rise in the last month's retail inflation was faster than the 4.59 percent rise recorded for December 2020.
As per the NSO data, the rate of rise in the Consumer Food Price Index, which measures the changes in retail prices of food products, increased to 4.05 percent last month from 1.87 percent in November 2021 and 3.41 percent in December 2020.
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