The Consumer Price Index (CPI)-based inflation for September has been recorded at 1.54 per cent, registering its lowest after June 2017.

In comparison to August, there is a decrease of 53 basis points in headline inflation.

Advertisement

The year-on-year Consumer Food Price Index (CFPI)-based inflation was recorded at (-)2.28 per cent (Provisional). Corresponding inflation rates for rural and urban are -2.17 per cent and -2.47 per cent, respectively, data released by the Ministry of Statistics & Programme Implementation (MoSPI) said.

The decline in headline inflation and food inflation during September is mainly attributed to a favourable base effect and to a decline in inflation of vegetables, oil and fats, fruits, pulses and products, cereal and products, eggs, fuel and light, etc.

See Full Page