Retail inflation climbed to 5 per cent in October due to costlier pulses and other food items for the second straight month.The Consumer Price Index (CPI) based inflation in September stood at 4.41 per cent. In October 2014, the retail inflation was 4.62 per cent. According to government data, overall consumer food inflation during the month rose to 5.25 per cent.Retail inflation in pulses and products category rose to a staggering 42.20 per cent in the month. While the price rise in the food and beverages category was at 5.34 per cent, inflation in cereals and products was also higher at 1.46 per cent.Retail inflation in vegetables and fruits stood at 2.42 per cent and 1.98 per cent respectively. However, the price rise has slowed to 5.01 per cent in meat and fish. During the month, eggs also turned cheaper at 0.59 per cent.
News On AIR | November 12, 2015 7:09 PM
Costlier pulses push up retail inflation to 5 % in October