India's retail inflation rises marginally to 6.07% in Feb

According to the data released by the NSO, the rate of price rise in the food basket was 5.89% in February, up from 5.43% in the preceding month

Retail inflation inched up to 6.07% in February mainly due to an uptick in food prices, remaining above the tolerance limit of the central bank for a second month in a row, showed the government data released on Monday.

The Consumer Price Index (CPI) based retail inflation was 5.03% in February 2021 and 6.01% in January this year.

According to the data released by the National Statistical Office (NSO), the rate of price rise in the food basket was 5.89% in February, up from 5.43% in the preceding month.

The Reserve Bank of India mainly factors in the CPI-based inflation while arriving at