India's retail inflation rate rises to 17-month high of 5.21% in December 2017

India’s annual retail inflation rate, as tracked through the Consumer Price Index (CPI), accelerated to a 17-month high of 5.21 percent in December 2017 from 3.41% in the same month of the previous year.
An official press release said the inflation rates based on the CPI in December 2017 were 5.27% in rural areas and 5.09% in urban areas, adding up to a combined rate of 5.21% as compared to 4.88% in November.
The inflation rates in December 2017 based on the Consumer Food Price Index (CFPI)  were 5.08% in rural areas, 4.71% in urban areas, making for a combined rate of 4.71% as compared to 1.37% in the same month of the previous eyar and 4.04% in the previous month.
The rise in inflation rate was attributed to rising food prices, especially in the prices of vegetables, fruits, eggs, and sugar and confectionery.
Did you like this story? Make a donation and help us to serve you better.


Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <canvas>
  • Lines and paragraphs break automatically.

More information about formatting options

© Copyright 2012 NetIndian. All rights reserved. Republication or redistribution of NetIndian content, including by framing or similar means, is expressly prohibited without the prior written consent of NetIndian Media Corporation. Write to info[AT]netindian[DOT]in for permission to use content. Read detailed Terms of Use.