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1-min read

Retail Inflation Rises to 3.99 Percent in September on Costlier Food Items

The consumer price index based inflation was registered at 3.28 percent in August. On a year-on-year basis, the inflation was 3.70 percent in September 2018.

PTI

Updated:October 14, 2019, 6:01 PM IST
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Retail Inflation Rises to 3.99 Percent in September on Costlier Food Items
Image for representation only/Reuters

New Delhi, Oct 14 (PTI) Retail inflation spiked to 3.99 per cent in September mainly due to higher prices of food items, government data showed on Monday.

The consumer price index (CPI) based inflation was registered at 3.28 percent in August. On a year-on-year basis, the inflation was 3.70 percent in the September 2018.

The price rise in the food basket was recorded at 5.11 percent in September, as against 2.99 percent in the preceding month, data from the Ministry of Statistics and Programme Implementation (MoSPI) showed.

The inflation print for vegetables shot up to 15.40 percent during the month.

However, the headline inflation still remained within the comfort zone of the Reserve Bank, which mainly factors in CPI while arriving at its bi-monthly monetary policy.

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