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  • Mid Session Commentary - Detailed News

Economic Buzz: Domestic Consumer Price Inflation Rises In January
01-Mar-19   14:26 Hrs IST

The All-India CPI-IW for January 2019 has increased 6.6% over January 2018, while it has moved 2% over December 2018. The maximum upward pressure to the change in current index came from Housing group. At item level, wheat, arhar dal, fish frsh, goat meat, coconut, lady's finger, tomato, flowers/flower garlands, etc are responsible for the increase in index. However, this increase was checked by onion, brinjal, cabbage, carrot, cauliflower, gourd, peas, potato, cooking gas, electricity charges, etc putting downward pressure on the index.

The year-on-year inflation based on CPI-IW stood at 6.60% for January, 2019 as compared to 5.24% for the previous month and 5.11% during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 0.97% against (-) 0.96% of the previous month and 3.36% during the corresponding month of the previous year.

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