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Retail Inflation
January 16 , 2020
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- According to the data released by Ministry of Statistics and Programme Implementation, the food inflation increased to 14.12% in December 2019 as compared to 10.01% in November 2019.
- The CPI (consumer Price Index) rose to 7.35% as compared to 5.54% the previous month.
- The inflation was increase was mainly due to vegetables.
- For the first time, the inflation has breached RBI’s target inflation of 4% (±2%).
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