CPI inflation rises to four-month high of 5% in October 2015

Core inflation remains flat at 4.1% in October 2015

The all-India general CPI inflation increased to four-months high of 5% in October 2015 (new base 2012=100), compared with 4.4% reading in September 2015. The corresponding provisional inflation rate for rural area was 5.5% and urban area 4.3% in October 2015 as against 5% and 3.6% in September 2015. The core CPI inflation rose marginally to 4.1% in October 2015 from 4% in September 2015. The cumulative CPI inflation eased to 4.6% in April-October 2015 compared with 6.9% in April-October 2014.

Among the CPI components, inflation of food and beverages increased to 5.3% in October 2015 from 4.3% in September 2015 mainly contributing to the rise in CPI inflation. Within the food items, the inflation moved up for vegetables to 2.4%, pulses & products 42.2%, cereals & products 1.5%, spices 9.8%, fruits 2% and oils & fats 4.9%. On the other hand, inflation of milk & products eased to 4.8%, and meat & fish declined to 5% in October 2015.

The inflation of the pan, tobacco & intoxicants group rose to 9.5%. The inflation for housing increased to 4.9%, while that for miscellaneous items increased to 3.5% in October 2015. Within the miscellaneous items, the inflation for transport & communication rose to (-) 0.4%, and personal care to 4% in October 2015.

However, the inflation for clothing and footwear eased to 5.6% in October 2015, while the CPI inflation of fuel and light was flat at 5.3% in October 2015.

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