Retail Inflation eases to 4.85 per cent in March, 2024

Prameyanews English

Published By : Prameya News Bureau | April 12, 2024 IST

Retail Inflation eases to 4.85 per cent in March, 2024

New Delhi, April 12: The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released All India Consumer Price Index(CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of March 2024 (Provisional). 

CPIs for Sub-Groups and Groups for both All India and all States/UTs were  also released.

The price data are collected from selected 1114 urban markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of March 2024, NSO collected prices from 99.8% villages and 98.5% urban markets while the market-wise prices reported therein were 89.6% for rural and 93.2% for urban.

All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e. March 2024 over March 2023), based on General Indices and CFPIs are given as follows:

All India year-on-year inflation rates (%) based on CPI (General) and CFPI: March 2024 over March 2023

 

Mar. 2024 (Prov.)

Feb. 2024 (Final)

Mar. 2023

Rural

Urban

Combd.

Rural

Urban

Combd.

Rural

Urban

Combd.

Inflation

CPI (General)

5.45

4.14

4.85

5.34

4.78

5.09

5.51

5.89

5.66

CFPI

8.61

8.35

8.52

8.27

9.19

8.66

4.72

4.82

4.79

Index

CPI (General)

187.7

183.6

185.8

187.4

184.0

185.8

178.0

176.3

177.2

CFPI

187.9

193.3

189.8

187.2

193.7

189.5

173.0

178.4

174



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