CPI inflation jumps to 7.35% in December 2019

Image
Capital Market
Last Updated : Jan 13 2020 | 6:16 PM IST

Core CPI inflation rises to 3.75% in December 2019

The all-India general CPI inflation jumped to 7.35% in December 2019 (new base 2012=100), compared with 5.54% in November 2019. The corresponding provisional inflation rate for rural area was 7.26% and urban area 7.46% in December 2019 as against 5.27% and 5.76% in November 2019.

The core CPI inflation rose to 3.75% in December 2019 compared with 3.50% in November 2019.

The cumulative CPI inflation has increased to 4.13% in April-December FY2020 compared with 3.73% in April-December FY2019.

Among the CPI components, inflation of food and beverages jumped to 12.16% in December 2019 from 8.73% in November 2019.

Within the food items, the inflation increased for vegetables to 60.50%, cereals and products 4.36%, milk and products 4.22% and spices 5.76%. The inflation moved up for pulses and products 15.44%, fruits 4.45% and prepared meals, snacks, sweets etc 2.20%. Further, the inflation also increased for oils and fats 3.11%, sugar and confectionery 3.35%, meat and fish 9.57%, egg 8.79% and non-alcoholic beverages 1.42% in December 2019.

The inflation for housing eased marginally to 4.30%, while that for miscellaneous items moved up to 4.09% in December 2019. Within the miscellaneous items, the inflation for transport and communication increased to 4.77%, while it eased for health 3.80%, education 3.73%, household goods and services 1.75%, recreation and amusement to 4.02% and personal care and effects 6.28% in December 2019.

The inflation for clothing and footwear increased to 1.50%, while the CPI inflation of fuel and light moved up to 0.70% in December 2019.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 13 2020 | 6:04 PM IST

Next Story