March 12, 2013 12:43 PM

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Retail inflation rises; at 10.91% in Jan

Retail inflation moved up for the fifth consecutive month to 10.91 per cent in February. The rise is attributed to higher prices of vegetables, edible oil, cereals and protein-based items.It was 10.79 per cent in January. The inflation crossed doubled digit mark in December at 10.56 per cent, against 9.90 per cent in November.The vegetables basket in February recorded the highest inflation of 21.29 per cent among all the constituents that make the Consumer Price Index or CPI. That was followed by cereals wherein inflation was 17.04 per cent. Egg, meat and fish became costlier by 15.72 per cent during the month. Inflation in oils and fats segment stood at 14.56 per cent.Besides, pulses became dearer by 12.39 per cent and sugar turned more expensive by 12.10 per cent on an annual basis. Clothing and footwear witnessed 10.87 per cent increase in prices during the month.

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