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

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,...

Tribune News Service

Updated At : 12:31 PM Mar 14, 2023 IST

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.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

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