Press Esc to close
Sunday 01 May 2016
News updated at 11:34 AM IST
Weather
Max: 36.6°C
Min : 24.4°C
In Bengaluru
Sunny day

Retail inflation declines to 10.39 pc in March

New Delhi, Apr 12, 2013, (PTI):
File Photo

Retail inflation declined to 10.39 per cent in March, snapping the five month rising trend, as prices of vegetables and protein based items eased.

The Consumer Price Index (CPI) based inflation was at 10.91 per cent in February.

The inflation, however, continued to remain in the double digit terrain for the fourth consecutive month in March.

The prices in the vegetables basket eased to 12.16 per cent in March. It was 21.29 per cent in February.

Inflation in protein-based items -- egg, meat and fish -- stood at 14.36 per cent during the month. In oils and fats segment, it stood at 11.72 per cent.
Among all the constituents that make the CPI, cereals recorded the highest inflation of 17.55 per cent in March, according to data released today.

Besides, inflation in pulses stood at 11.38 per cent and in sugar it was 11.65 per cent on an annual basis.

The rate of price rise in clothing and footwear segment stood at 10.64 per cent during the month.

In urban areas, retail inflation declined to 10.38 per cent in March from 10.84 per cent in the previous month. The CPI for rural population fell to 10.33 per cent during the month from 11.01 per cent in February.

The data for wholesale price index (WPI)-based inflation is expected on Monday. The WPI figures for February stood at 6.84 per cent, much higher than RBI's comfort level of 5-6 per cent.

Meanwhile, industrial output growth in February stood at a meagre 0.6 per cent in February, compared to a growth of 4.3 per cent in the same month last year.
The RBI will take into account the double digit retail inflation and slowdown in factory output while formulating its annual monetary policy, which is scheduled on May 3.


Go to Top

Photo Gallery
A model walls the ramp at a fashion event in Ludhiana on Saturday...

A model walls the ramp at a fashion event in Ludhiana on Saturday...

A view of the West of Chord road, Rajajinagar 1st block Fly-Over inaugurated by Chief Minister...

A view of the West of Chord road, Rajajinagar 1st block Fly-Over inaugurated by Chief Minister...

Vehicles passing through snow bound Zojila Pass, situated at a height of 11,516 feet, on its way...

Vehicles passing through snow bound Zojila Pass, situated at a height of 11,516 feet, on its way...

An Army jawan stands guard at Zojila Pass, situated at a height of 11,516 feet...

An Army jawan stands guard at Zojila Pass, situated at a height of 11,516 feet...

The first transgander Presiding Officer Ria Sarkar in front of a Polling Station during 5th phase...

The first transgander Presiding Officer Ria Sarkar in front of a Polling Station during 5th phase...

Jawaharlal Nehru University Students' Union (JNUSU) president Kanhaiya Kumar pays tribute...

Jawaharlal Nehru University Students' Union (JNUSU) president Kanhaiya Kumar pays tribute...

Aircraft of the British aerobatics team Global Stars perform during second day of the the three-day.

Aircraft of the British aerobatics team Global Stars perform during second day of the the three-day.

People are travelling in underground stretch of the Namma Metro between the Mysuru road station...

People are travelling in underground stretch of the Namma Metro between the Mysuru road station...

The high rider-ship was evident as large number of commuters were thronging the station...

The high rider-ship was evident as large number of commuters were thronging the station...

Cricketer Virat Kohli during inauguration of a store in Hyderabad on Friday...

Cricketer Virat Kohli during inauguration of a store in Hyderabad on Friday...