Retail inflation drops to 5.17% in March

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New Delhi, April 13

Easing of food prices, mainly milk and vegetables, pulled down the March retail inflation to 3-month low of 5.17%.

The retail inflation as measured by Consumer Price Index was 5.37% in February, and 5.19% in January. It was 8.25% in March last year.

The easing prices of milk, vegetables and fruits brought down the overall food inflation to 6.14% in March, from 6.79% recorded in February.

Inflation declined for 'cereals and products', although it was up in the case of protein rich items like 'meat and fish', as per the government data released today.

The rate of price rise in the food and beverages segment as a whole was 6.2% in March, lower than 6.76% in the previous month. PTI