CPI inflation reaches 5-year high of 7.59% in January 2020.
20-Apr-2022CPI inflation has risen to 7.59% in January 2020, breaching RBI's medium-term inflation target of 4% for second consecutive month in a row. The spike in retail inflation was primarily led by a double-digit growth in food inflation, close to 13.6%, especially pulses, further aggravated by low base effect. While growth rate of prices index of vegetables narrowed in January 2020.