Retail Inflation at 5.91% in March
As per the data released by Ministry of Statistics & Programme Implementation. India's retail inflation for the month of March comes down at 5.91 percent (Base 2012 = 100) from previous month's 6.58 percent.
Inflation in rural area is recorded at 6.09 percent against previous month's 6.67 percent and in urban area CPI (Consumer Price Index) is recorded at 5.66 percent against previous month's 6.57 percent.
Price data are collected from selected 1114 urban markets and selected 1181 villages by the Field Operations Division of NSO, MoSPI in a uniform weekly roster. Keeping in view the preventive measures taken by NSO and announcement of nation-wide lockdown by the Government to check spread of COVID-19 pandemic, the field work for price collection of Consumer Price Index (CPI) was suspended with effect from 19th March, 2020.
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Inflation in rural area is recorded at 6.09 percent against previous month's 6.67 percent and in urban area CPI (Consumer Price Index) is recorded at 5.66 percent against previous month's 6.57 percent.
Price data are collected from selected 1114 urban markets and selected 1181 villages by the Field Operations Division of NSO, MoSPI in a uniform weekly roster. Keeping in view the preventive measures taken by NSO and announcement of nation-wide lockdown by the Government to check spread of COVID-19 pandemic, the field work for price collection of Consumer Price Index (CPI) was suspended with effect from 19th March, 2020.
Stay tuned for more updates. Feel free to comment.
This blog is now on Telegam. For reports on Economics, Current Affairs and more, subscribe this blog on Telegam.
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