Logo

Logo

# Business

May retail inflation falls to 2.18% on lower food prices

Retail, or consumer price indexed (CPI), inflation in India during May fell to 2.18 per cent, as compared to 5.76…

IANS | New Delhi | June 12, 2017 12:44 pm

May retail inflation falls to 2.18% on lower food prices

(Photo: Wikimedia Commons)

Retail, or consumer price indexed (CPI), inflation in India during May fell to 2.18 per cent, as compared to 5.76 per cent in the same month of last year, pulled down by sharp fall in food prices, official data showed here on Monday.

The May retail inflation rate fell, even as compared to April when it prevailed at a higher rate of 2.99 per cent. 

Advertisement

Advertisement

Related posts

# Opinion

Inflation pressures

Inflation, once thought to be tamed and controlled by the steady hand of central banks, is staging a comeback, and it is not a quiet one. The era of low inflation, marked by decades of economic stability, seems like a distant memory as we grapple with the resurgence of price pressures.