News:The retail inflation based on Consumer Price Index(CPI) has reached a five and a half year high of 7.35% in December 2019. Facts: Reasons for rise in retail inflation: The rise in retail inflation is primarily due to increase in Consumer food price inflation to 14.12% in December 2019.This is the highest since 17.89% in… Continue reading Retail inflation at 5-year high of 7.3% in December
Tag: Retail Inflation
High food prices push retail inflation to eight-month high of 3.18% in June
According to the data released from the Central Statistics Office(CSO), retail inflation has reached an eight-month high of 3.18% in June,2019. This is mainly due to costlier food items.As per the data,Inflation in the food basket rose to 2.17% in June,2019 up from 1.83% in May 2019. Retail inflation is based on the Consumer Price… Continue reading High food prices push retail inflation to eight-month high of 3.18% in June
Retail inflation spikes to 7-month high of 3.05% in May on costlier food articles
According to the data released from the Central Statistics Office (CSO), retail inflation for the month of May has increased to a seven-month high of 3.05%. This is mainly due to costlier food items. As per the data, inflation in the food basket rose to 1.83% in May, higher than 1.1% in April. Retail inflation… Continue reading Retail inflation spikes to 7-month high of 3.05% in May on costlier food articles
IIP growth slows to 1.7%, retail inflation rises to 2.57%
According to data released by Central Statistics Office (CSO), the retail inflation for the month of February has increased to 2.57% as against 2.05% in January. Retail inflation is based on the Consumer Price Index (CPI). It reflects changes in the retail prices of specified goods and services over a time period which are traded… Continue reading IIP growth slows to 1.7%, retail inflation rises to 2.57%
Retail Inflation cools further to 2.05% in Jan
According to the data released from the Central Statistics Office (CSO), retail inflation for the month of January has declined to 2.05%. This decline has been primarily due to a) sustained decline in food prices and b) a sharp decline in energy prices. It is based on the Consumer Price Index (CPI). It reflects changes… Continue reading Retail Inflation cools further to 2.05% in Jan