Retail inflation climbs to 5.52% in March, IIP contracts 3.6% in February
The retail inflation has stayed above the 5% mark for two months post a brief cool-off in December and January month, said expert
Consumer Food Price Index rose to 4.94% in March, according to the ministry data
Retail inflation climbed to 5.52% in March, highest in last four months, according to the data official data released by the ministry of statistics and programme implementation (MoSPI) on Monday. The rise in inflation was due to high food prices, experts believe. Consumer Food Price Index rose to 4.94% in March, according to the ministry data. The inflation fell to 4.06% in January, lowest since October 2019. Retail inflation rose steeply to 5.03% in February as food and fuel prices went up.