India's retail inflation eases to 4.85 pct in March-Xinhua

India's retail inflation eases to 4.85 pct in March

Source: Xinhua

Editor: huaxia

2024-04-12 22:43:15

NEW DELHI, April 12 (Xinhua) -- India's retail inflation eased to 4.85 percent in March, the latest government data showed Friday.

According to the data released by the federal Ministry of Statistics and Program Implementation, the inflation based on the consumer price index (CPI) in March stood at 4.85 percent, compared to 5.09 percent in February.

Food inflation has also eased to 8.52 percent in March from 8.66 percent in February, the ministry's data showed.

According to officials, the price data are collected from 1,114 selected urban markets and 1,181 villages covering all states through personal visits by field staff of the ministry's National Statistical Office.