Retail inflation rises to 3.58% in Oct

Updated - January 09, 2018 at 03:16 AM.

Inflation

Retail inflation rose to 3.58 per cent in October this year as fuel and light as well as some food items became more expensive.

Consumer price index based inflation was 3.28 per cent in September 2017 and 4.2 per cent in October last year.

Official data released on Monday revealed that consumer food price index based inflation rose to 1.9 per cent in October as compared to 1.25 per cent in October. It was much higher at 3.32 per cent in October 2016.

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Retail inflation in vegetables almost doubled to 7.47 per cent in October compared to 3.92 per cent in September.

Meanwhile, with rising global crude oil prices, retail inflation in fuel and light rose to 6.36 per cent in October from 5.56 per cent in September.

Published on November 13, 2017 12:37