Cheaper food items pull Feb retail inflation down to 6.58%

Source : IANS
Author : IANS
Last Updated: Thu, Mar 12th, 2020, 19:01:10hrs
Cheaper food items pull Feb retail inflation down to 6.58%

New Delhi:  Lower prices of food items eased India's retail inflation during February to 6.58 per cent from January's 7.59 per cent.

However, the consumer price index (CPI), or retail inflation, was at 2.57 per cent in the corresponding month of last year.

According to the National Statistical Office, even though the consumer food price index remained at an elevated level, its rise was slower during February at 10.81 per cent, compared with 13.63 per cent recorded in January 2020 and (-)0.73 per cent in the corresponding period of last year.