The retail inflation in December 2019 rose to 7.35% as against 5.54% in November and 2.19% in December 2018, according to government data. The retail inflation has breached the upper end of the Reserve Bank of India's 2-6% target band for the first time since July 2016. Vegetable inflation in December 2019 surged to 60.5% as against 36% in November.
The retail inflation in December 2019 rose to 7.35% as against 5.54% in November and 2.19% in December 2018, according to government data. The retail inflation has breached the upper end of the Reserve Bank of India's 2-6% target band for the first time since July 2016. Vegetable inflation in December 2019 surged to 60.5% as against 36% in November.
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