India News | Retail Inflation in Feb Inches Up to 6.07 Pc
Get latest articles and stories on India at LatestLY. Retail inflation inched up to 6.07 per cent in February mainly due to an uptick in food prices, showed the government data released on Monday.
New Delhi, Mar 14 (PTI) Retail inflation inched up to 6.07 per cent in February mainly due to an uptick in food prices, showed the government data released on Monday.
The Consumer Price Index (CPI) based retail inflation was 5.03 per cent in February 2021 and 6.01 per cent in January this year.
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According to the data released by the National Statistical Office (NSO), the rate of price rise in the food basket was 5.89 per cent in February, up from 5.43 per in the preceding month.
The Reserve Bank of India mainly factors in the CPI-based inflation while arriving at its bi-monthly monetary policy.
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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)