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India's retail inflation rate remains unchanged at 3.28% in September 2017

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India's annual retail inflation rate, as tracked through the Consumer Price Index (CPI), remained unchanged 3.28 percent in September 2017 from the revised number for the previous month.
 
An official press release said the inflation rates based on the CPI in September 2017 were 3.15% in rural areas and 3.44% in urban areas, making for a combined rate of 3.28%, as compared to 4.39% in the corresponding month of the previous year.
 
The inflation rates based on the Consumer Food Price Index (CFPI) were 1.31% in rural areas and 1.25% in urban areas, adding up to a combined rate of 1.25%, as compared to 1..52% % in the previous month and 3.96% in the same month of last year.
 
The fall in food and beverages prices was offset by price increases in other components during the month. In food inflation, the decline was attributed to a decrease in the prices of vegetables, fruits and cereals.
 
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