Retail Inflation Rises to 3.99% in Sept on Costlier Food Items

The price rise in food basket was recorded at 5.11 percent in September, as against 2.99 percent the preceding month

1 min read
Image used for representational purposes.

Retail inflation spiked to 3.99 percent in September mainly due to higher prices of food items, government data showed on Monday, 14 October.

The consumer price index (CPI) based inflation was registered at 3.28 percent in August. On year-on-year basis, the inflation was 3.70 percent in the September 2018.

The price rise in the food basket was recorded at 5.11 percent in September, as against 2.99 percent in the preceding month, data from the Ministry of Statistics and Programme Implementation (MoSPI) showed.

The inflation print for vegetables shot up to 15.40 percent during the month.

However, the headline inflation still remained within the comfort zone of the Reserve Bank, which mainly factors in CPI while arriving at its bi-monthly monetary policy.

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!