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Retail inflation may moderate in coming months: FinMin monthly review

WPI inflation for February eased to 3.85 per cent in February, the lowest in more than two years

Photo: Bloomberg
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Photo: Bloomberg

Arup Roychoudhury New Delhi
India’s headline retail inflation is expected to moderate further in the months to come, as low wholesale inflation will transmit to consumer prices, the Ministry of Finance said in its latest monthly economic review (MER) on Monday.

“Inflationary pressures eased in February, with slight moderation in Consumer Price Index (CPI) inflation and Wholesale Price Index (WPI) inflation softening to a 25-month low. With WPI inflation easing, its transmission to CPI inflation is soon expected,” the MER for February said.

WPI inflation for February eased to 3.85 per cent in February, the lowest in more than two years. CPI inflation meanwhile,

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First Published: Mar 20 2023 | 9:22 PM IST

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