Retail inflation inches up to 3.77% after fuel price hike, rupee slump
Driven by higher food and fuel prices and depreciating value of Indian rupee, retail inflation of India has jumped to 3.77 per cent in September.
Here is a graphical representation of India's retail inflation trajectory from Sep 2017 to Sep 2018:
Meanwhile, India's Consumer Food Price Index (CFPI) moved up by 0.51 per cent in September compared to 0.29 per cent in August 2018 and 1.25 per cent in September 2017. The Food and beverages inflation was recorded to be at 1.08 per cent this month, while Pan, tobacco and intoxicants stood at 5.57 per cent. During September, clothing and footwear inflation was at 4.64 per cent, housing inflation at 7.07 per cent, fuel & light at 8.47 per cent.
Education, personal care and effects etc witnessed inflation rate of 5.65 per cent. The Reserve Bank of India (RBI) has lowered its CPI inflation target at 4.0 per cent in Q2:2018-19, 3.9-4.5 per cent in H2 and 4.8 per cent in Q1:2019-20, with risks somewhat to the upside.
National Unity Day: A tribute to Sardar Patel | Master Stroke
What all changed after J&K officially bifurcated into 2 UTs? | Master Stroke
Israeli spyware Pegasus snooped on Indian Journalists through Whatsapp | Master Stroke
Maharashtra: Shiv Sena's Sanjay Raut Meets Sharad Pawar
Drill displays IED diffused with the help of a robot by NSG
Article 370 only gave separatism and terrorism to J&K: PM Modi in Kevadiya
Let us work towards making India $5 trillion economy: Modi To Trainee Civil Servant | Full Speech
Radio Stations in Jammu, Srinagar and Leh renamed
Jammu and Kashmir to witness 'Acche Din'? | Seedha Sawal
Expert advice on how to survive poor air quality in Delhi-NCR