You are here: Home » Economy & Policy » News
Business Standard

Price rise in food and other items flagged by RBI in inflation outlook

As of December, most of these items have seen their prices rise in double digits, barring milk

Indivjal Dhasmana 

Inflation

Most of the food and other items that the has flagged off in its outlook started the current financial year with low rates of price rise, except for chicken. As of December, most of these items have seen their prices rise in double digits, barring milk, for which the latest data is available. Onion saw at 328 per cent in December. The sees onion prices reducing in the coming weeks. The RBI, in its monetary policy statement, said a likely decline in the price of onion could be tempered by hardening of prices of other food items, notably those of pulses and proteins, and adjustments to telecom charges.

Graph

First Published: Fri, February 07 2020. 22:13 IST
RECOMMENDED FOR YOU