Retail rising cost of living increases to 6.95% in March versus 6.07% in February
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Highlights
- Consumer price-based rising cost of living leapt to 6.95 percent in March
- Retail rising cost of living was 6.07 percent in February
- Inflation in the food basket was 7.68 percent in March, up from 5.85 percent
Consumer price-based rising cost of living leapt to 6.95 percent in March, mostly therefore more expensive food products, according to government information launched on Tuesday.
The Consumer Price Index (CPI) based rising cost of living was 6.07 percent in February.
The rising cost of living in the food basket was 7.68 percent in March, up from 5.85 percent in the coming before month.
It is for the 3rd straight month that the retail rising cost of living stayed over the Reserve Bank of India’s convenience area.
RBI, which mostly consider the retail rising cost of living while getting to its bi-monthly financial plan, has actually been charged by the government to maintain the rising cost of living in between 2 and also 6 percent.
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