Inflation eases to 6.44% in Feb from 6.52% in Jan : The Tribune India

Inflation eases to 6.44% in Feb from 6.52% in Jan

Inflation eases to 6.44% in Feb from 6.52% in Jan


Tribune News Service

New Delhi, March 13

Retail inflation for February fell marginally to 6.44% compared to 6.52% in January due to a slight fall in commodity prices. Food inflation fell marginally to 5.95% in February compared to 6% in January.

“Overall, the worst of inflation is likely behind us. Headline inflation could fall below 6% in March and further down towards 5% in the coming months. We believe a 25 basis point hike in April by the RBI is almost certain,” said analysts Millwood Kane. But analysts from Motilal Oswal said the CPI has remained above the 6%-mark for two straight months and “showing signs of stickiness”.

The slight fall in inflation was mainly due to reduction in prices of meat, fish, eggs, vegetables and pulses.

Tribune Shorts


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