Food inflation falls to 40-month low

RETAIL FOOD INFLATION eased for five consecutive months to 2.69% in March compared to 3.75% in February, as prices of vegetables, pulses and spices declined with winter harvest arriving in the markets.

- SANDIP DAS

RETAIL FOOD INFLATION eased for five consecutive months to 2.69% in March compared to 3.75% in February, as prices of vegetables, pulses and spices declined with winter harvest arriving in the markets. The consumer food price index declined by 0.86% sequentially last month compared to February. In March last year, the food inflation rate was 8.52%.