India's retail inflation rises to 5.52% in March; February IIP contracts 3.6%
The retail inflation recorded in March is higher than the previous three months, as per data released by the Ministry of Statistics and Programme Implementation (MoSPI). The Index of Industrial Production for the month of February has also contracted. Here is all you need to know:
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UPDATED: April 12, 2021 18:18 IST
The Consumer Food Price Index (CFPI) rose to 4.94 per cent in March from 3.87 per cent in February. (Photo: Reuters)
India’s retail inflation, measured by the Consumer Price Index (CPI), for March rose to 5.52 per cent from 5.03 per cent in February, showed government data on Monday. The upward revision was mainly on account of higher food and fuel prices.