Retail inflation eases to 5.91 percent in March

A- A A+

Last Updated : Mar 4 2021 10:28PM Screen Reader Access

News Highlights

UN General Assembly adopts India's resolution to declare 2023 as International Year of Millets Prime Minister Narendra Modi says, India is honored to be at forefront of popularizing Millets BJP CEC meets in New Delhi in wake of upcoming Assembly Elections External Affairs Minister, Dr. S. Jaishanker visits Dhaka, says, Bangladesh is central to India's neighborhood first Policy India commemorates Chabahar Day, External Affairs Minister says, Chabahar port facilitated delivery of humanitarian assistance during COVID-19 pandemic

Business News

Apr 13, 2020

7:25PM

Retail inflation eases to 5.91 percent in March

air pic

Retail inflation slowed to 5.91 per cent in March over the previous month, mainly due to easing food prices as per the government data released today. The retail inflation based on Consumer Price Index (CPI) was 6.58 per cent in February 2020 and 2.86 per cent in March 2019.

The inflation in the food basket was 8.76 per cent in March 2020, lower from 10.81 per cent in the previous month, as per the CPI data released by the National Statistical Office (NSO).

The Reserve Bank of India mainly factors in the retail inflation while deciding its bi-monthly monetary policy. The government has mandated the central bank to keep inflation at around 4 per cent.