Area sown up 10.4 percent compared to the previous year as rainfall situation improves.
Odisha saw the highest combined retail inflation rate for February 2024 at 7.55 percent, followed by Telangana and Haryana. While, at 2.42 percent, India’s capital Delhi witnessed the least amount of price pressures among the major states and union territories.
The CPI data has been consecutively hardening for the past four months and December is the fifth month. It has risen from levels of around 3.7 percent in July of 2015
As rural India's fuel mix is more geared towards domestically produced firewood, chips and biogas inputs, which are not a part of the global deflation cycle.
A CNBC-TV18 poll had shown the index of industrial production (IIP) for the month of August rising to 5 percent and September Consumer Price Index (CPI) to come in at 4.49 percent