Retail inflation drops to 4.59 pc in Dec: Govt data

Retail inflation drops to 4.59 pc in Dec: Govt data

Photo for representation only.

New Delhi, January 12

Retail inflation fell sharply to 4.59 per cent in December, mainly due to declining food prices, government data showed on Tuesday.

Retail inflation based on the Consumer Price Index (CPI) was 6.93 per cent in November.

Food inflation declined to 3.41 per cent in December in 2020, compared to 9.5 per cent in the previous month, according to the data released by the Ministry of Statistics and Programme Implementation.

The Reserve Bank of India (RBI) factors in retail inflation while arriving at its monetary policy. PTI 

Don't Miss

Top Stories

Misconceptions being spread about January 26 tractor march, says Samyukta Kisan Morcha

Misconceptions being spread about January 26 tractor march, says Samyukta Kisan Morcha

Morcha leaders condemn inflammatory statements by ‘Sikhs for...

Farmers again reject govt’s offer of amending laws, want them repealed

Farmers again reject govt’s offer of amending laws, want them repealed

Ninth round of talks with Centre ends, deadlock continues; n...

PM doesn’t respect farmers, wants to tire out those protesting against agri laws: Rahul

PM doesn’t respect farmers, wants to tire out those protesting against agri laws: Rahul

The former Congress chief says his party will not step back ...

Suspected case of bird flu reported in Punjab's Dera Bassi

Suspected case of bird flu reported in Punjab's Dera Bassi

Samples sent to National Institute of High Security Animal D...

India all set for world’s largest Covid-19 vaccination drive on Saturday

India all set for world’s largest Covid-19 vaccination drive on Saturday

The vaccine will be first offered to healthcare workers, fro...

Cities

View All