Retail inflation jumps to about 5-yr high of 7.35 pct in Dec 2019

Retail inflation rose to about five-and-half year high of 7.35 per cent in December 2019, surpassing the RBI's comfort level, mainly due to rise in prices of vegetables as onions. As per the data released by National Statistical Office (NSO) today, the spike in inflation in the vegetable segment was 60.5 per cent during the month compared to December 2018. The overall retail inflation based on Consumer Price Index (CPI) was 2.11 per cent in December 2018 and 5.54 per cent in November 20...