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INFLATION

National Statistical office data:

  • Consumer inflation: 

    • Provisional headline inflation slowed to  three-month low of 4.29% in April.

    • Reason: decreased food price and statistical base effect.

    • Cereal, vegetable and dairy products witnessed deflationary trends.

    • However, meat and fishery products witnessed an inflationary trend.

    • Services, like transport, remain in double digit inflationary trend.

  • Industrial output data:

    • It increased by 22.4%, however  Index of Industrial Production (IIP) had posted an 18.7% contraction in March 2020.

CONSUMER PRICE INDEX

WHOLESALE PRICE INDEX

INFLATION: News
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