Retail inflation eases to 5.91% in March

Retail inflation eased to 6.58 per cent as prices of vegetables and other kitchen items cooled, government data showed.

New Delhi: Retail inflation eased to 6.58 per cent as prices of vegetables and other kitchen items cooled, government data showed on Thursday.

The Consumer Price Index (CPI) based retail inflation, however, still continues to rule above the comfort level of the Reserve Bank of India.

Retail inflation eases to 5.91% in March

The retail inflation was 7.59 per cent in January and 6.58 per cent in February 2020.

The Reserve Bank of India (RBI) mainly factors in the retail inflation while deciding its bi-monthly monetary policy. The government has mandated the central bank to keep inflation at around 4 per cent.

(PTI Report)