Retail inflation rises to 4.41% in September on food item cost | business | Hindustan Times
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Retail inflation rises to 4.41% in September on food item cost

business Updated: Oct 12, 2015 22:37 IST
Indian retail inflation

Retail inflation in the pulses and products category rose to 29.76%.(Pardeep Pandit/ HT Photo)

Retail inflation rose to 4.41% in September due to costlier food items in general and beverages and pulses in particular.

The Consumer Price Index (CPI) based inflation in August stood at 3.74% on cheaper vegetables, fruits and protein rich items, government data showed on Monday.

The government revised upwards the August retail inflation to 3.74% from the earlier estimate of 3.66%.

However, the consumer inflation for the month under review has declined as against August last year when it stood at 5.63%.

Food inflation during the month rose to 3.88 per cent from 2.20% in August.

Retail inflation in pulses and products category rose to 29.76% in September.

While the price rise in the food and beverages category almost doubled from a month earlier to 4.29 per cent in September, inflation in cereals and products was also higher at 1.38%.

However, among other protein rich items such as meat and fish, the rate of price rise has slowed to 5.59%.

Likewise, milk and its products were also cheaper in September with inflation rate at 5.05%.

During the month, eggs also turned cheaper with 1.19 per cent price rise. However, the rate of price growth for ‘cereals and products’ was faster at 1.38%.

As per the data from the Ministry of Statistics and Programme Implementation (MOSPI), inflation in sugar and confectionery category remained in negative zone at (-) 12.91%.

The price rise in spices category was higher at 9.27% and for non-alcoholic beverages at 4.32%.

Break-wise; retail inflation rose to 5.05% for rural segment in September and for urban sector it was at 3.61%.