Hyderabad: Telangana has slipped into deflation, reporting a 0.15 per cent fall in retail prices in September, according to the latest data from the Union Ministry of Statistics and Programme Implementation (MoSPI).
Telangana’s retail price trajectory since June paints a peculiar picture of economic cooling. For the first time since its formation, Telangana entered the deflation zone in June this year with -0.93 per cent, followed by -0.44 per cent in July.
A brief recovery was witnessed with 0.94 per cent inflation in August, only to slip back into deflation of -0.15 percent in September. This makes Telangana the only state in India to have entered deflation territory thrice in four months.
According to the data, in September, rural Telangana recorded -0.29 per cent deflation and urba