India's high inflation finally finally seems to be slowing down on account of easing vegetable prices. The easing vegetable prices may bring some relief to the current Congress party which is struggling to seek voters ahead of a national election due by May.
The country's retail prices rose an annual 9.87 per cent last month. Prices had surged a revised 11.16 per cent year-on-year in November.
Food inflation eased to 12. 16 percent against in December 14.72 percent in November. The rural inflation rate fell to 10.49 percent as against 11.66 percent, month on month. Urban inflation was at 9.11 percent against 10.53 percent from the previous month.
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011.
Price data are collected from selected towns by the Field Operations Division of NSSO and from selected villages by the Department of Posts. Price data are received through web portals being maintained by the National Informatics Centre.
The country's retail prices rose an annual 9.87 per cent last month. Prices had surged a revised 11.16 per cent year-on-year in November.
Food inflation eased to 12. 16 percent against in December 14.72 percent in November. The rural inflation rate fell to 10.49 percent as against 11.66 percent, month on month. Urban inflation was at 9.11 percent against 10.53 percent from the previous month.
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011.
Price data are collected from selected towns by the Field Operations Division of NSSO and from selected villages by the Department of Posts. Price data are received through web portals being maintained by the National Informatics Centre.
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