Retail inflation in the country moved up to 3.21% in February compared to 2.74% in the preceding month, according to the Consumer Price Index (CPI) released on Thursday.
Retail Inflation Rises to 3.21 Pc in Feb Compared to 2.74 Pc in Jan: Govt Data
The inflation data is based on the new CPI series with base year 2024
Inflation Photo from Pexels by "Markus Winkler"
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The inflation data is based on the new CPI series with base year 2024.
Food inflation in February rose sequentially to 3.47% from 2.13% in January, showed the data released by the National Statistics Office (NSO).
The major items that witnessed a high pace of price hike were 'silver, gold, diamond, platinum jewellery', coconut-copra, tomato, and cauliflower.
On the other hand, there was disinflation in garlic, onion, potato, arhar, and litchi.
Inflation rates for rural and urban areas were at 3.37% and 3.02%, respectively.