Retail inflation rises to 5.03% in February

The consumer price index (CPI) based retail inflation was at 4.06 per cent in January.

Retail inflation rose to 5.03 per cent in February mainly on account of higher food prices, government data showed on Friday. The consumer price index (CPI) based retail inflation was at 4.06 per cent in January. The rate of price rise in the food basket accelerated to 3.87 per cent in February, as against 1.89 per cent in the preceding month, as per data released by the National Statistical Office (NSO).