Core CPI inflation ease to 5.2% in December 2014 from 5.5% in November 2014
All-India general CPI inflation rebounded to 5% in December 2014 from nine-year low of 4.4% in November 2014, while snapping consistent decline for last four sequential months. An increase in inflation food items contributed entirely to the inflation rise in November 2014.The corresponding provisional inflation rates for rural area were 4.7% and urban area 5.3% in December 2014, as against 4.1% and 4.7% for November 2014.
The CPI inflation increase in December 2014 was entirely driven by higher in inflation for the food, beverages & tobacco group to 5.1% in December 2014 from 3.6% in November 2014. Inflation for fuel and light was flat at 3.4%, while inflation for housing eased to 7.8%. Further, inflation for clothing, bedding and footwear eased to 6.5%. Inflation for miscellaneous items also declined 4.0%.
The core CPI inflation eased to 5.2% in December 2014 from 5.5% in November 2014.
Powered by Capital Market - Live News
