Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)increased to 7.6 per cent in January 2020 from 6.2 per cent in December 2019. This was driven by monthly increase of prices of items in both Food and Non-food categories. Food inflation (Y-o-Y) increased substantially from 8.6 per cent in December 2019 to 13.7 per cent in January 2020, the highest since November 2017. Further, Non-food inflation (Y-o-Y) stood at 3.0 per cent in January 2020.
Published Date:
Monday, February 24, 2020