Consumer price inflation rises to 3.65% in February

news
15 March 2017

India's consumer price inflation, based on the general index of consumer prices, rose to 3.65 per cent in February led by a sharp increase in food and fuel prices.

Consumer price inflation was 3.17 per cent in January although it was much higher at 5.26 per cent in February last year.

Consumer food price inflation rose to 2.01 per cent, according to official data released on Tuesday. It was 0.61 per cent in January 2016.

Similarly, retail inflation in fuel and light shot up to 3.9 per cent in February this year.

Provisional data show consumer price inflation for rural areas stood at 3.67 per cent in February while it was 3.55 per cent for urban areas. It was 6.05 per cent for rural areas and 4.30 for urban areas in February 2015.

Food price inflation for rural araes stood at 2.08 per cent in February 2017 while it was 1.87 per cent for urban areas.  Food price inflation stood at 5.95 per cent for rural areas and 4.23 per cent for urban areas in February 20a7 while it was 1.14 per cent for rural areas and -0.3 per cent for urban areas in January 2017.

Meanwhile, a separate set of data released earlier in the day showed that wholesale price index based inflation jumped up to a 39-month high of 6.55 per cent in February because of costlier food and fuel items. It was 5.25 per cent in January.





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