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Retail inflation
May 17 , 2022
925 days
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- The Consumer Food Price Index jumped to 8.4% from 7.7% in March, with food prices rising at a faster clip of 8.5% in rural India.
- This is the fourth month in a row that retail inflation has stayed above the 6% mark.
- Transport and Communication inflation raced to nearly 11% in April from just 8% in March.
- Clothing and footwear costs continued to be a bugbear for households.
- Its combined inflation is 9.85% in April up from 9.4% in March.
- Among the States, West Bengal and Madhya Pradesh recorded a much higher inflation rate than the national average, at 9.1%.
- It closely followed by Telangana and Haryana which reported inflation of around 9%.
- By contrast, Kerala (5.08%) and Tamil Nadu (5.37%) clocked the lowest inflation rates in April.
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