Retail inflation falls to 7-month low at 3.61 per cent in February; IIP for January recorded at 5 per cent

The consumer price index (CPI)-based retail inflation for February fell to 3.61 per cent amid a decline in the rate of price rise in vegetables and protein-rich items.

- STATESMAN NEWS SERVICE

The consumer price index-based retail inflation was at 4.26 per cent in January and 5.09 per cent in February 2024.

There is a decline of 65 basis points in the headline inflation in February in comparison to January, which had the lowest year-on-year inflation after July 2024.

Further, the year-on-year inflation rate based on the All India Consumer Food Price Index (CFPI) for February compared to last year is 3.75 per cent (Provisional). The corresponding inflation rates for rural and urban are 4.06 per cent and 3.20 per cent, respectively.