In October, inflation based on the Consumer Price Index (CPI) spiked to a 16-month high of 4.62 per cent on costlier food items.
Vegetables inflation for October stood at 26 percent against 15.4 percent in September.
Food prices, which is a gauge to measure changes in kitchen budgets, grew 5.11 percent in September as against 2.99 percent in August.
Vegetables inflation stood at 15.4 percent in September against 6.90 percent in August.
Inflation rate in cereals and products stood remained unchanged at 1.3 percent while vegetables inflation stood at 6.90 percent in August versus 2.82 percent in July.
Food prices, which is a gauge to measure changes in kitchen budgets, stood at 2.33 percent in July, compared to the 2.37 percent in the previous month.
Manufacturing sector output, which accounts for more than three-fourths of the entire index, contracted to 0.3 percent in February from 1.3 percent.
Similarly, it stated that the food inflation stood at (+) 0.97 percent against (-) 0.96 percent in the previous month and 3.36 percent during the corresponding month of the previous year.
Consumer food price index stood at (-) 2.17 percent in January from (-) 2.51 percent in December.
December CPI fuel, light inflation came in at 4.54% vs 7.39% in November. Vegetable inflation also fell by -16.14% vs -15.59% in November.
The central bank last week trimmed H2FY19 (October-March) inflation forecast to 2.7-3.2 percent from 3.9-4.5 percent earlier.
Sakshi Batra is in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol to find out if a lower headline retail inflation number is actually good news.
Retail inflation, measured by Consumer Price Index (CPI), stood at 3.58 percent in September last year.
The Indian central bank last week held interest rates unchanged, surprising many market watchers who anticipated a third consecutive hike, but shifted its stance from "neutral" to "calibrated tightening" in a nod to pricing pressures.
Consumer food price inflation, a metric to gauge changes in monthly kitchen costs, fell 0.29 percent in August from 1.37 percent a month ago.
Retail inflation, measured by Consumer Price Index (CPI) had hit a five-month high of 5 percent in June. It came in at 2.36 percent in July 2017.
Torrential rainfall inundated sparse pockets of the country, while large swathes of land in agricultural belts lie fallow in absence of adequate rain
RBI revised CPI inflation estimated for 2018-19 and projected it at 4.8-4.9 percent in April-September
Retail inflation, measured by Consumer Price Index (CPI), is the main price gauge that the Reserve Bank of India (RBI) tracks
Consumer food price inflation, a metric to gauge changes in monthly kitchen costs, fell to 3.38 percent in February as compared with a 4.58 percent growth in January.
The Reserve Bank of India (RBI) kept its key policy rates unchanged on Wednesday and retained its "neutral" stance in an attempt to maintain a delicate balancing act and nurture growth.
After November's 15-month high of 4.88 percent, consumer price inflation likely climbed to 5.10 percent, which would the highest since July 2016, according to the median in the poll of nearly 40 economists over the past week.
"The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017) and 2.59 per cent during the corresponding month (November 2016) of the previous year," the labour ministry said in a statement.
India’s retail inflation grew at 4.88 percent in November, mainly due an increase in foods and oil prices.
According to global financial services majors like Nomura, BofAML and Morgan Stanley, price pressures are likely to build further in the coming months following a cyclical recovery in the economy and rise in vegetable and oil prices.