Retail inflation climbs to 3.99 % in September
Commodity Online | October 14 2019
UPDATED 18:35:06 IST

Saudi Arabia Eyes Total Dominance In Oil And Gas

Wild Volatility Continues As US Markets Attempt To Establish New Trend

LME issues discussion paper on development of electronic options market

Russell 2000 Gaps Present Real Targets

Metals trade lower on profit booking; oil prices extend gains ahead of inventories

Retail inflation climbed to 3.99% in September mainly due to higher prices of food items, government data showed.

The consumer price index (CPI) based inflation was registered at 3.28% in August. On year-on-year basis, the inflation was 3.70 per cent in the September 2018.

The price rise in the food basket was recorded at 5.11 per cent in September, as against 2.99 per cent in the preceding month, data from the Ministry of Statistics and Programme Implementation (MoSPI) showed.

The inflation print for vegetables shot up to 15.40 per cent during the month.

However, the headline inflation still remained within the comfort zone of the Reserve Bank, which mainly factors in CPI while arriving at its bi-monthly monetary policy.