Retail inflation drops to 4.85% in March, lowest in 9 months

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Key Points

The consumer price index based inflation rate fell to a nine-month low of 4.85 per cent in March as compared to 5.09 per cent in February mainly due to drastic decline in retail inflation for urban areas...

However, there was no relief from elevated food prices with the Consumer Food Price Index (CFPI) for March at 8.52 per cent as against 8.66 per cent in the previous month, according to the National Statistical Office (NSO)...

There was no relief from food prices with the Consumer Food Price Index for March at 8.52% Though the price rise continued, the rate of increase in many sub-segments in March was lower than that in February The inflation rate in pulses was 17.71% in March; in February, it was 19.47%..

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