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.
Retail inflation rises to 5.52% as food prices soar
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed
BusinessToday.In | April 12, 2021 | Updated 18:25 IST
Retail inflation rises again
Retail inflation, calculated on the basis of Consumer Price Index (CPI), increased to 5.52 per cent in March, up from 5.03 per cent recorded in February, showed government data released on Monday. Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February.
Vegetable prices declined 4.83 per cent, while cereal and products and sugar and confectionery segments saw prices fall 0.69 and 0.53 per cent, respectively. This, however, was not enough to moderate the price rise in overall food basket.
Updated Apr 12, 2021 | 17:54 IST
India’s factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a contraction of (-)3.6 per cent in the month of February Retail inflation rises to 5.52% in March; IIP contracts 3.6% in Feb
New Delhi: India’s retail inflation, measured by the Consumer Price Index (CPI), rose to 5.52 per cent in the month of March. The retail inflation during the month of February was at 5.03 per cent. Note that this is the fourth consecutive month that the CPI data has come within the Reserve Bank of India’s (RBI) upper margin of 6 per cent.
Sensex, Rupee slip amid pandemic fears as inflation surges in March
Updated:
Updated:
April 12, 2021 21:37 IST
Household goods and services inflation hit a 10-month high while recreation and amusement services touched a 9-month high.
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Household goods and services inflation hit a 10-month high while recreation and amusement services touched a 9-month high.
The BSE Sensex tanked 1708 points or 3.44% driven by the fear of fresh pandemic effects, taking the Rupee past the ₹75 mark against the dollar on a manic Monday for the economy, even as inflation surged further in March and industrial output collapsed sharply in February as per official data.
India s retail inflation marginally rose in March as the Consumer Price Index (CPI) increased to 5.52 per cent from 5.03 per cent in February.Data furnished by the National Statistical Office (NSO) showed that CPI Urban rose 0.26 per cent in .