New Delhi: Retail inflation rose to 6.07 percent in February, driven by rising in food prices. This information was given in the official figures released on Monday.
According to the data released by the National Statistical Office (NSO), the consumer price index (CPI) based retail inflation rate stood at 6.07 percent in February 2022. It was 5.03 percent in the same month a year ago, while it was 6.01 percent in January 2022.
The data shows that the main reason for the rise in retail inflation in February was the increase in the prices of food products. Prices of food products rose by 5.89 percent in the previous month, as against 5.43 percent in January. The Reserve Bank of India, in its bi-monthly monetary review, mainly takes into account inflation based on consumer prices.
