Lower food prices help ease March retail inflation

by news
April 12, 2018

 

New Delhi: Lower food prices eased India’s March retail inflation to 4.28 per cent from 4.44 per cent in February 2018, as per official data released on Thursday, April 12.

However, on a year-on-year (YoY) basis, the consumer price index (CPI) last month stood higher than the 3.89 per cent reported in March 2017.

According to the data released by the Central Statistics Office (CSO), the consumer food price index (CFPI) stood at 2.81 per cent in March compared to 3.26 per cent in February 2018.