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Business News

Apr 12, 2019
7:29PM

Retail inflation inches up to 2.86% in March

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Retail inflation saw a marginal rise of 2.86 per cent in March this year on account of increase in prices of food articles and fuel.

According to the data released today by the  Ministry of Statistics and Programme Implementation, the inflation based on the Consumer Price Index was 2.57 per cent in February this year. On a yearly basis, it was 4.28 per cent in March 2018.

The data released by the Central Statistics Office showed that inflation in food basket rose to 0.3 per cent in March from (-) 0.66 per cent in the previous month.

The rate of price rise was also higher in the 'fuel and light' category. The inflation in the segment rose to 2.42 per cent as against 1.24 per cent in February.
 

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