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Retail Inflation remains unchanged in February

Published on March 13, 2023

Current context: Retail inflations remains at 6.44% in February. Inflation rates in fruits, cereals, milk products, have risen from January as compared.

Retail Inflation remains unchanged in February
  • India’s retail inflation stayed above 6%, which is the limit to RBI’s tolerance bank. It has been the same for the second consecutive month in February at 6.44%.
  • According to National Statistical Office, in January, the inflation rate was at 6.52%.
  • Urban consumers face price rise from 6% in January to 6.1% in February. Rural consumers in February faced inflation from 6.85% to 6.72%.
  • Consumer Food Price Index rose to 5.95% in February.
  • Telengana continued to be the state with highest inflation followed by Andhra Pradesh, Madhya Pradesh, UP and Haryana being the lowest.

Question:

Q.1 ______________continued to be the state with highest inflation rate in 2023 until March.
a. Telengana
b. Chandigarh
c. Mumbai
d. Hyderabad
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