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Business News » India News

Retail inflation eases to 3.28% in September

Analysts polled by Reuters had expected retail inflation to edge up to 3.60% last month from 3.36% in August.

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Retail inflation eases to 3.28% in September
A man buys lemons at a market in Ahmedabad. Photo: Reuters
Written By: Reuters
Updated: Thu, Oct 12, 2017
06:03 pm
New Delhi, Reuters
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India`s annual consumer inflation in September marginally eased to 3.28% from a year ago, government data showed on Thursday.

This month's CPI remained same as August 2017 at 3.28%, however lower compared 4.39% in the corresponding month of the previous year.

Analysts polled by Reuters had expected retail inflation to edge up to 3.60% last month from 3.36% in August.

Additionally, the  Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined stood at 1.25% compared to 1.52% of August 2017 and 3.96% of September 2016. 

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015.

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TAGS:
CPI InflationRetail InflationConsumer Price IndexCPI Inflation in SeptemberEconomyCentral Statistics OfficeMinistry of Statistics & Programme ImplementationConsumer Food Price Index
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