CPI Inflation flat at 3.3% in September 2017

Core CPI inflation rises marginally to 4.5% in September 2017

The all-India general CPI inflation was flat at 3.28% in September 2017 (new base 2012=100) compared with 3.28% in August 2017, after rising for last two months from 1.5% in June 2017. The corresponding provisional inflation rate for rural area was 3.15% and urban area 3.44% in September 2017 as against 3.22% and 3.35% in August 2017. The core CPI inflation rose marginally to 4.47% in September 2017 compared with 4.36% in August 2017. The cumulative CPI inflation was lower at 2.59% in April-September FY2018 compared with 5.41% in April-September FY2017.

Among the CPI components, inflation of food and beverages eased to 1.76% in September 2017 from 1.96% in August 2017. Within the food items, the inflation increased for pulses and products to (-) 22.51%, milk and products 3.87%, meat and fish 3.19% and egg (-) 0.15%. However, the inflation eased for vegetables to 3.92%, cereals and products to 3.70%, spices (-) 2.31% and fruits 5.14%. The inflation also declined for prepared meals, snacks, sweets etc to 5.06%, sugar and confectionery 6.77% and non-alcoholic beverages 2.22% in September 2017.

The inflation for housing increased to 6.10%, while that for miscellaneous items was steady at 3.83% in September 2017. Within the miscellaneous items, the inflation for personal care and effects increased to 2.95% and recreation and amusement 4.07%, while it eased for transport and communication to 3.50%, education 4.25% and health 4.15% in September 2017.

The inflation for clothing and footwear rose marginally to 4.63%, while the CPI inflation of fuel and light was higher at 5.56% in September 2017.

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