India’s retail inflation surged to a 17-month high of 6.95% in March from 6.07% in the previous month due to a sharp increase in food prices, the National Statistical Office (NSO) data showed. Retail inflation as measured by the Consumer Price Index (CPI) has remained above the upper limit of the Reserve Bank of India (RBI) tolerance band for the third consecutive month. The retail inflation stood at 6.01 per cent in January 2022.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Consumer Price Index (CPI) based on inflation stood at 5.52% in March 2021. The price rise was sharper in rural India than in urban. CPI for rural India surged to 7.66% in March from 6.38% in the previous month. CPI-based inflation for urban India rose to 6.12% in March 2022 from 5.75% in the previous month.
The Consumer Price Index (CPI) inflation data is released monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.
Did you know that one district in Uttar Pradesh is famous for its advanced hospitals…
Did you know that there was a time when girls in India were not allowed…
At India AI Impact Summit 2026, the Gujarat government signed a Memorandum of Understanding (MoU)…
Union Health Minister Jagat Prakash Nadda launched the indigenously manufactured Tetanus and Adult Diphtheria (Td)…
Did you know that one small island became famous across the world because of a…
Indian Railways has integrated Artificial Intelligence (AI) into seven key passenger-facing applications to improve grievance…