Retail inflation at 8.83 pc in Feb

New Delhi: Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release here today. Among other items, only vegetable prices saw a decline […]

New Delhi: Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release here today.

Among other items, only vegetable prices saw a decline of 4.73 per cent over the February 2011 level. During the month, the prices of egg, meat and fish rose by 10.62 per cent, while milk and its products turned costlier by 15.76 per cent, year-on-year. While `cereals and products` reported a moderate rate of price rise at 2.40 per cent in February, pulses and products saw a rise of 4.17 per cent.