{"id":10824,"date":"2024-02-12T13:03:29","date_gmt":"2024-02-12T13:03:29","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=10824"},"modified":"2024-02-12T13:03:54","modified_gmt":"2024-02-12T13:03:54","slug":"retail-inflation-eases-to-3-month-low-of-5-1-pc-in-jan","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/retail-inflation-eases-to-3-month-low-of-5-1-pc-in-jan\/","title":{"rendered":"Retail Inflation Eases To 3-Month Low Of 5.1 Pc In Jan"},"content":{"rendered":"

New Delhi, Feb 12: Official\u00a0<\/span>data\u00a0<\/span><\/span>issued\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Monday\u00a0<\/span><\/span>showed\u00a0<\/span>that\u00a0<\/span><\/span>retail\u00a0<\/span>inflation\u00a0<\/span><\/span>declined\u00a0<\/span><\/span>to\u00a0<\/span>a\u00a0<\/span><\/span>three-month\u00a0<\/span><\/span>low\u00a0<\/span><\/span>of\u00a0<\/span><\/span>5.1%\u00a0<\/span><\/span>in\u00a0<\/span><\/span>January,\u00a0<\/span><\/span>primarily\u00a0<\/span><\/span>due\u00a0<\/span>to\u00a0<\/span><\/span>decreasing\u00a0<\/span><\/span>food\u00a0<\/span>prices.<\/span><\/span><\/span> <\/span><\/span><\/span>According\u00a0<\/span><\/span>to\u00a0<\/span>the\u00a0<\/span><\/span>Consumer\u00a0<\/span>Price\u00a0<\/span>Index\u00a0<\/span><\/span>(CPI),\u00a0<\/span><\/span>the\u00a0<\/span>rate\u00a0<\/span><\/span>of\u00a0<\/span><\/span>inflation\u00a0<\/span><\/span>was\u00a0<\/span><\/span>5.69\u00a0<\/span><\/span>percent\u00a0<\/span>in\u00a0<\/span><\/span>December\u00a0<\/span>2023\u00a0<\/span><\/span>and\u00a0<\/span><\/span>6.52%\u00a0<\/span><\/span>in\u00a0<\/span>January\u00a0<\/span><\/span>2024.<\/span><\/span><\/span> <\/span><\/span><\/span>Inflation\u00a0<\/span><\/span>peaked\u00a0<\/span><\/span>in\u00a0<\/span><\/span>August\u00a0<\/span>2023\u00a0<\/span><\/span>at\u00a0<\/span><\/span>6.83\u00a0<\/span><\/span>percent.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>National\u00a0<\/span><\/span>Statistical\u00a0<\/span><\/span>Office\u00a0<\/span><\/span>(NSO)\u00a0<\/span><\/span>published\u00a0<\/span>data\u00a0<\/span><\/span>showing\u00a0<\/span><\/span>that\u00a0<\/span><\/span>retail\u00a0<\/span>inflation\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>food\u00a0<\/span><\/span>basket\u00a0<\/span><\/span>decreased\u00a0<\/span><\/span>to\u00a0<\/span><\/span>8.3%\u00a0<\/span><\/span>in\u00a0<\/span>January\u00a0<\/span><\/span>2024\u00a0<\/span><\/span>from\u00a0<\/span><\/span>9.3%\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>previous\u00a0<\/span>month.<\/span><\/span><\/span><\/span><\/span><\/span>The\u00a0<\/span><\/span>government\u00a0<\/span><\/span><\/span>has\u00a0<\/span><\/span>given\u00a0<\/span><\/span><\/span>the\u00a0<\/a><\/span><\/span>Reserve\u00a0<\/span><\/span>Bank\u00a0<\/span><\/span><\/a><\/span>of\u00a0<\/span><\/span>India\u00a0<\/span><\/span><\/span><\/a>the\u00a0<\/span><\/span>mandate\u00a0<\/span><\/span><\/span>to\u00a0<\/span><\/span>guarantee\u00a0<\/span><\/span><\/span>that\u00a0<\/span><\/span><\/span>retail\u00a0<\/span><\/span>inflation\u00a0<\/span><\/span><\/span>stays\u00a0<\/span><\/span><\/span>at\u00a0<\/span><\/span><\/span>4%\u00a0<\/span><\/span><\/span>with\u00a0<\/span><\/span><\/span>a\u00a0<\/span><\/span>margin\u00a0<\/span><\/span><\/span>of\u00a0<\/span><\/span><\/span>2%\u00a0<\/span><\/span><\/span>on\u00a0<\/span><\/span><\/span>each\u00a0<\/span><\/span>side.<\/span><\/span><\/span><\/p>\n

\"
Retail Inflation Eases To 3-Month Low Of 5.1 Pc In Jan<\/figcaption><\/figure>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

New Delhi, Feb 12: Official\u00a0data\u00a0issued\u00a0on\u00a0Monday\u00a0showed\u00a0that\u00a0retail\u00a0inflation\u00a0declined\u00a0to\u00a0a\u00a0three-month\u00a0low\u00a0of\u00a05.1%\u00a0in\u00a0January,\u00a0primarily\u00a0due\u00a0to\u00a0decreasing\u00a0food\u00a0prices. According\u00a0to\u00a0the\u00a0Consumer\u00a0Price\u00a0Index\u00a0(CPI),\u00a0the\u00a0rate\u00a0of\u00a0inflation\u00a0was\u00a05.69\u00a0percent\u00a0in\u00a0December\u00a02023\u00a0and\u00a06.52%\u00a0in\u00a0January\u00a02024. Inflation\u00a0peaked\u00a0in\u00a0August\u00a02023\u00a0at\u00a06.83\u00a0percent. The\u00a0National\u00a0Statistical\u00a0Office\u00a0(NSO)\u00a0published\u00a0data\u00a0showing\u00a0that\u00a0retail\u00a0inflation\u00a0in\u00a0the\u00a0food\u00a0basket\u00a0decreased\u00a0to\u00a08.3%\u00a0in\u00a0January\u00a02024\u00a0from\u00a09.3%\u00a0in\u00a0the\u00a0previous\u00a0month.The\u00a0government\u00a0has\u00a0given\u00a0the\u00a0Reserve\u00a0Bank\u00a0of\u00a0India\u00a0the\u00a0mandate\u00a0to\u00a0guarantee\u00a0that\u00a0retail\u00a0inflation\u00a0stays\u00a0at\u00a04%\u00a0with\u00a0a\u00a0margin\u00a0of\u00a02%\u00a0on\u00a0each\u00a0side.  <\/p>\n","protected":false},"author":2,"featured_media":10825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13,67,89],"tags":[],"class_list":["post-10824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-header","category-national"],"gutentor_comment":0,"yoast_head":"\nRetail Inflation Eases To 3-Month Low Of 5.1 Pc In Jan<\/title>\n<meta name=\"description\" content=\"Official\u00a0data\u00a0issued\u00a0on\u00a0Monday\u00a0showed\u00a0that\u00a0retail\u00a0inflation\u00a0declined\u00a0to\u00a0a\u00a0three-month\u00a0low\u00a0of\u00a05.1%\u00a0in\u00a0January\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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