A- A A+
Last Updated : Mar 7 2021 5:43PM     Screen Reader Access
News Highlights
People saved more than Rs 9,000 cr through Jan Aushadhi Kendras, says PM Modi; Calls for using affordable medicines from Jan Aushadhi Kendras            Campaigning gathers momentum for upcoming Assembly Elections; PM to address rally in Kolkata today; Film star Mithun Chakraborty joins BJP; WB CM Mamta Banerjee to address rally in Siliguri            India administers over 2 crore COVID-19 vaccine doses in just 50 days; over 30 lakh senior citizens and 4 lakh people above 45 years with co-morbidities get vaccinated in six days            Congress and DMK seal seat-sharing agreement in Tamil Nadu; Congress to contest in 25 seats            Prez Kovind addresses tribal convention in MP's Damoh; Lauds the role of tribals in conservation of natural resources           

Business News

Jan 13, 2020
7:37PM

Retail inflation jumps to about 5-yr high of 7.35 pct in Dec 2019

@ETRetail
Retail inflation rose to about five-and-half year high of 7.35 per cent in December 2019, surpassing the RBI's comfort level, mainly due to rise in prices of vegetables as onions. As per the data released by National Statistical Office (NSO) today, the spike in inflation in the vegetable segment was 60.5 per cent during the month compared to December 2018.

The overall retail inflation based on Consumer Price Index (CPI) was 2.11 per cent in December 2018 and 5.54 per cent in November 2019.

As per the data released by the NSO, the overall food inflation rose to 14.12 per cent in December as against (-) 2.65 per cent in the same month of 2018. The food inflation was 10.01 per cent in November 2019.

The previous high in retail inflation was witnessed at 7.39 per cent in July 2014, the year Narendra Modi-led Government assumed office for the first term.

The inflation in 'pulses and products' was recorded at 15.44 per cent, while in case of meat and fish it was nearly 10 per cent.

The Central Government has mandated the Reserve Bank of India to keep inflation in the range of four per cent with a margin of two per cent on the either side.


The RBI, which mainly factors in the CPI-based inflation, is scheduled to announce its next bi-monthly monetary policy on 6th of February. In its December policy, the Central Bank, which had been reducing rates, had kept the repo rate unchanged citing inflationary concerns.

   Related News

Live Twitter Feed

Listen News

Morning News 7 (Mar) Midday News 7 (Mar) Evening News 6 (Mar) Hourly 7 (Mar) (1710hrs)
समाचार प्रभात 7 (Mar) दोपहर समाचार 7 (Mar) समाचार संध्या 6 (Mar) प्रति घंटा समाचार 7 (Mar) (1700hrs)
Khabarnama (Mor) 7 (Mar) Khabrein(Day) 7 (Mar) Khabrein(Eve) 6 (Mar)
Aaj Savere 7 (Mar) Parikrama 6 (Mar)

Listen Programs

Market Mantra 6 (Mar) Samayki 1 (Jan) Sports Scan 6 (Mar) Spotlight/News Analysis 6 (Mar) Employment News 6 (Mar) रोजगार समाचार 6 (Mar) World News 6 (Mar) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 6 (Mar) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 6 (Mar) North East Diary 4 (Mar)