retail inflation rises to 365 in february on costlier food items
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Retail inflation rises to 3.65% in February on costlier food items

Arab Today, arab today

Arab Today, arab today Retail inflation rises to 3.65% in February on costlier food items

Labourers load sacks filled with coconuts on a hand cart at a wholesale market in Ahmedabad, India,
New Delhi - Arab today

Retail inflation rose to four-month high of 3.65 per cent in February mainly due to surge in price of food items like fruits, sugar and confectionery.

Measured in terms of Consumer Price Index (CPI), the inflation had dipped to a multi-year low of 3.17 per cent in January this year on account of cash crunch following demonetisation. 

It was 5.26 per cent in February last year. According to the CPI data released on Tuesday by the Central Statistics Office (CSO), the consumer food prices index (CFPI) rose by 2.01 per cent in February from 0.61 per cent in January. The CFPI was 5.3 per cent in February 2016.

Inflation in fruits was higher at 8.33 per cent, fuel and light at 3.9 per cent in February. The rate of price rise in meat and fish was 3.5 per cent in February. Prices of sugar and confectionery items rose by 18.83 per cent in February while inflation in milk and milk product increased by 4.22 per cent. The rate of inflation in household goods and services was 4.09 per cent while this rate was in health segment was 4 per cent.

The transport and communication became expensive by 5.39 per cent. The personal care and effects segment rose by 5.15 per cent while the education became more expensive by 5.37 per cent in February this year. The inflation rate was 4.38 per cent in clothing and footware segment while it was 4.9 per cent in housing segment.

However, the prices of vegetables and pulses declined by 8.29 per cent and 9.02 per cent respectively. Rural retail inflation was at 3.67 per cent in February compared with 3.36 per cent in the preceding month.

The CPI was also up in the urban sector at 3.55 per cent in February, from 2.9 per cent in January this year.

Source: Timesofoman

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

retail inflation rises to 365 in february on costlier food items retail inflation rises to 365 in february on costlier food items

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

retail inflation rises to 365 in february on costlier food items retail inflation rises to 365 in february on costlier food items

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates

GMT 04:29 2018 Wednesday ,19 September

North and South Korea: Kim and Moon hail new future

GMT 14:18 2013 Monday ,19 August

Newlywed Lebanese couple pose at car bomb site

GMT 11:11 2011 Friday ,12 August

Palestinian university ranks seventh in Arab world

GMT 15:16 2015 Wednesday ,26 August

UAE ambassador attends charity ceremony in Qalubiya

GMT 16:59 2016 Tuesday ,26 July

Hedge funds in new cycle of oil short-selling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday