Retail inflation was at 8.83 percent 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 per cent the January, as per the government data release here on Monday.
Among other items, only vegetable prices saw a decline of 4.73 percent over the February 2011 level.
Among other items, only vegetable prices saw a decline of 4.73 percent over the February 2011 level. AFP
During the month, the prices of egg, meat and fish rose by 10.62 per cent, while milk and its products turned costlier by 15.76 percent, year—on—year.
While ‘cereals and products’ reported a moderate price rise of 2.40 percent in February, pulses and products saw a rise of 4.17 percent.
Inflation in the ‘oil and fat’ category shot up 12.76 percent and condiment spices became costly by 8.68 percent.
Price of fuel and light, and clothing, bedding and footwear segments were in double—digits.
The inflation rates for rural and urban areas were 8.36 percent and 9.45 percent in February.
According to the revised data, retail inflation in rural and urban areas was – 7.28 percent and 8.25 percent in January.
PTI
