Home Business India’s Retail Inflation Falls to Record Low of 6.46% in September

India’s Retail Inflation Falls to Record Low of 6.46% in September

Falling food prices across India pulled down September retail inflation to 6.46 per cent, the most minimal since the new series of Consumer Price Index was released in January, 2012, in spite of the fact that specialists don’t see a rate cut by the Reserve Bank at whatever time soon.

According to the information of government released on Monday, CPI Inflation in the vegetable bushel in September tumbled to 8.59 per cent from 15.15 per cent in the earlier month.

When it comes to fruits, the inflation rate slowed to 22.4 per cent from 24.27 per cent in August.