CPI increased to 5.61% in December 2015

January 2016, Economy

In Brief:

Rising for the fifth straight month, retail inflation or CPI quickened to 5.61 per cent in December, mainly on costlier vegetables and cereals, limiting the headroom for the Reserve Bank to lower rate next month.

Food inflation too rose to 6.40 per cent during the month, according to the government data released.
Retail inflation measured by the consumer price index (CPI) was at 5.41 per cent in November 2015 and 4.28 per cent in December 2014.

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