Retail inflation eases to 6.44 pct in India

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Retail inflation eases to 6.44 pct in India

STORY: Retail inflation eases to 6.44 pct in India DATELINE: March 14, 2023 LENGTH: 00:01:28 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of food wholesale market STORYLINE: The rate of retail inflation in India slightly eased to 6.44 percent in February from 6.52 percent in January, showed the official data released by the Federal Ministry of Statistics and Program Implementation on Monday. The slight fall in the rate of retail inflation is attributed mainly to a decline in the rate of rise in prices of essential commodities like clothing, footwear and eggs, among others. "Growth in eggs prices eased to 4.32 percent in February against 8.78 percent in the previous month. Clothing and footwear inflation was at 8.79 percent, compared with 9.08 percent a month ago," said the data. It further added that cereal prices rose 16.73 percent in February, against a 16.12 percent rise in January. And, the rate of inflation in milk and milk p

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