Retail inflation rises to 4.41% in September on food item cost
Retail inflation rose to 4.41% in September due to costlier food items in general and beverages and pulses in particular.business Updated: Oct 12, 2015 22:37 IST
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%.