January retail inflation declines to 4.06%, greens turn out to be cheaper

Image Source : PTI January retail inflation declines to 4.06%, greens turn out to be cheaper
Lower meals costs, particularly these of greens and cereals, dragged India’s sequential retail worth inflation decrease in January 2021. Sequentially, the Consumer Price Index (CPI), which gauges the retail worth inflation, declined to 4.06 per cent from 4.59 per cent reported for December 2020.
Besides, the information furnished by the National Statistical Office (NSO) confirmed that CPI Urban declined to five.06 per cent in January from 5.19 per cent in December.

The CPI Rural fell to three.23 per cent final month from 4.07 per cent in December 2020.
As per the information, the Consumer Food Price Index decreased to 1.89 per cent final month from 3.41 per cent in December.
The CFPI readings measure the adjustments in retail costs of meals merchandise.
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