Consumer Price Index updates

Ministry of Statistics and Programme Implementation announced the release of the monthly provisional Consumer Price Index (CPI) on Base 2010=100 along with annual inflation rates for December 2012, compiled by the Central Statistics Office

  •  Vegetables basket in December recorded the highest inflation of 25.71 per cent
  •  Oil and fats segment is next at 16.73 per cent
  • In urban areas, retail inflation rose to 10.42 per cent in December from 9.69 per cent in the previous month
  • CPI for rural population increased to 10.74 per cent during the month from 9.97 per cent in November
  • The Reserve Bank of India (RBI) is expected to take into account the double-digit retail inflation when it comes out with its third-quarter policy review later this month. Concerned over inflation, it had kept key interest rates unchanged since April, 2012

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