Retail inflation eases to three-month low at 5.02 pc, comes under RBI's comfort level
The Statesman|October 13, 2023
CPI inflation or retail inflation for the month of September eased to 5.02% as against 6.83% in August, according to the data released by the National Statistical Office (NSO) on Thursday.
Retail inflation eases to three-month low at 5.02 pc, comes under RBI's comfort level

For the same month last year, CPI inflation was at 7.56%

As per the data released by the government, food inflation fell to 6.56% in September against 9.67% in August. Rural inflation was on the higher side at 5.33%, compared to urban inflation at 4.65% in September.

The inflation rate for September for cereals and products was 10.95%, meat and fish 4.11%, milk and products 6.89%, fruits 7.3%, and vegetables 3.39%.

Importantly, the inflation has come back to the Reserve Bank of India (RBI)'s comfort level of below 6% after a gap of two months.

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