Retail inflation falls to five-month low
Millennium Post Delhi|October 13, 2021
IIP grows 11.9 in Aug on low-base effect, good performance by manufacturing, mining

NEW DELHI: Retail inflation fell to a five-month low of 4.35 per cent in September from 7.27 per cent in the year-ago period as prices of vegetables and other items declined, according to government data released on Tuesday.

The moderation in Consumer Price Index-based inflation is in line with the assessment of Reserve Bank Governor Shaktikanta Das who recently projected substantial softening of retail inflation.

The CPI inflation was at 5.3 per cent in August and at 7.27 per cent in September 2020.

Previously, the CPI was low at 4.23 per cent in April 2021.

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