Retail inflation inches upto 2.86 percent in March: Government Data

New Delhi : Government data on Tuesday showed a marginal rise of 2.86% in the retail inflation in March on account of increase in prices of food articles and fuel.

The inflation based on the Consumer Price Index (CPI) was 2.57 per cent in February this year. On a yearly basis, it was 4.28 per cent in March 2018.

The data released by the Central Statistics Office (CSO) showed that inflation in food basket rose to 0.3 per cent in March from (-) 0.66 per cent in the previous month.

The rate of price rise was also higher in the ‘fuel and light’ category. The inflation in the segment rose to 2.42 per cent as against 1.24 per cent in February.