Retail inflation was at 8.83% in February on account of higher prices of protein based items and edible oil products.
Retail inflation, based on the Consumer Price Index, was 7.65% in January, as per the government data release on Monday. Among other items, only vegetable prices saw a decline of 4.73% over the February 2011 level.
During the month, the prices of egg, meat and fish rose by 10.62%, while milk and its products turned costlier by 15.76%, year-on-year. While 'cereals and products' reported a moderate rate of price rise at 2.40% in February, pulses and products saw a rise of 4.17%.
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Retail inflation, based on the Consumer Price Index, was 7.65% in January, as per the government data release on Monday. Among other items, only vegetable prices saw a decline of 4.73% over the February 2011 level.
During the month, the prices of egg, meat and fish rose by 10.62%, while milk and its products turned costlier by 15.76%, year-on-year. While 'cereals and products' reported a moderate rate of price rise at 2.40% in February, pulses and products saw a rise of 4.17%.
....more info