Retail inflation rises to 4-month high of 2.57% in February 2019

The retail inflation based on Consumer Price Index (CPI) stood at 1.97 per cent in January and 4.44 per cent in February 2018

Retail inflation jumped to a four-month high of 2.57 per cent in February due to costlier food articles, according to official data released Tuesday.

The Consumer Price Index-based inflation for January was revised down to a 19-month low of 1.97 per cent from an earlier estimate of 2.05 per cent.

The retail inflation number for February 2019 is the highest since October 2018 when it stood at 3.38 per cent, the data released by the Central Statistics Office under the Ministry of Statistics and Programme Implementation (MoSPI) showed.

Food inflation was lower at (-) 0.66 per cent in February against 3.26 per cent