Retail inflation rises to 3.99% in September at the highest level of 14 months

Retail inflation rises to 3.99% in September at the highest level of 14 months

Retail inflation rises to 3.99% in September at the highest level of 14 months

Retail inflation rises to 3.99% in September: India's Retail inflation based on consumer price index accelerated to a 14-month high of 3.99 per cent in September against 3.28 per cent in August, government data showed on 14th Oct.

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.

On year-on-year (yoy) basis, the inflation was 3.70 per cent in the September 2018. Food price inflation in September came at 5.11 per cent against 2.99 per cent in August.

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The inflation print for vegetables shot up to 15.40 per cent during the month from 6.9 per cent. Besides, price rise in pulses and meat and fish baskets for the reported month was higher over August.

The Consumer Price Index (CPI) based inflation rate was 3.28 percent in August 2019 and 3.70 percent in September last year. Earlier, it reached a high of 4.17 percent in July 2018.

According to official figures of the Ministry of Statistics and Program Implementation, the inflation rate for food articles in September was 5.11 percent as compared to 2.99 percent in the previous month.

During the period under review, inflation of vegetables was 15.40 per cent as against 6.9 per cent in the previous month.

The annual inflation based on the country's wholesale price index (WPI) stood at 0.33 percent in September.

Inflation is still within the 4 per cent limit set by the Reserve Bank